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#3492
Orange County

Popular & Profitable Orange County Premier Fast Food

$325,000
Sold
Popular & Profitable Orange County Premier Fast Food
This Listing is Sold

Considered one of the best Mexican Quick Service Restaurants in Orange County and known for quality ingredients and fresh food.

Ideal Absentee Ownership Opportunity - General Manager Currently in Place.

This popular restaurant offers healthy alternatives to traditional Mexican and Southwestern cuisine. Popular among locals, this place is rocking with daily specials and standing room only. Outside seating available, but you'd better get there early!

Full service kitchen with staff arriving at 3 AM to begin the secret recipes of slow cooking and unique spice blends.

This restaurant offers breakfast starting at 10 AM and serves throughout the day closing at 9 PM.

Take Out Delivery and Table service are all offered as well as beer and wine.

If you have ever wanted to own a running business that is popular as well as profitable, this is your chance to expand the concept.

Current Manager is a possible future Manager for new owner and he brings new ideas and an impressive work ethic.

This restaurant has a beer and wine license.

BUYER WITH STRONG CREDIT AND STRONG PERSONAL FINANCIALS SHOULD ONLY MAKE OFFER.


This is a Paramount Restaurant Brokers, Inc. Listing.

This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Orange County
Lease Term:
Expires July 2016
Total Monthly Rent:
$12,500
Security Deposit:
$7,760

Financials

Last Year's Annual Gross:
$1,011,878
Last Year's Owner's Cash Flow:
$212,595
Last Year's Food Cost %:
29
Last Year's Payroll Cost %:
232525
Last Year's Rent %:
14

Operations

Liquor License:
41
# of Full-Time Employees:
11
# of Part-Time Employees:
4
Hours Open:
11 AM-9PM
7 Days
Year Established:
2006
Hood System Type 1:
Yes

Facilities

Indoor Seating:
48
Outdoor Seating:
25
# of Parking Spots:
75
Inside Sq. Ft.:
2217
Outside Sq. Ft.:
800

Highlights

  • Owner Will Carry 50% Down
  • Profitable Orange County Fresh Mexican Restaurant Concept
  • Expand on Healthy Concept
  • Premier Lake Forest Location
  • Perfect For Absentee Owners
  • Current Manager May Stay
  • Popular Restaurant-Lines Out The Door
  • Opportunity Knocks For Investors
  • MAKE OFFER! THIS WILL NOT LAST!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 61,375 109,484 294,742
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 20,094 36,338 101,345
2010 Persons Per Household 2.92 2.90 2.65
Median House Value $476,200 $497,165 $484,331
Income Per Household $84,871 $88,375 $88,183
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,826 3,546 10,976
2012 Number Of Employees 49,666 87,340 374,474
2012 Total Annual Payroll $1,189,440,000 $2,032,139,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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