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#3588
San Diego
Orange County
San Bernardino Restaurant For Sale

Quick Serve Mexican Restaurant With Long History

$55,000
Sold
Quick Serve Mexican Restaurant With Long History
This Listing is Sold

Owner is tired and this is your opportunity to step into a business that is on the upswing after weathering the recession. This popular Mexican Food concept was established in 1997 and at one time was grossing $75K per mo in sales. Current sales are $23K month and this is absentee owned. 

Perfect business for a family or owner - operator

Located in a great family oriented community. Soccer moms and carpoolers get hungry too!

Fully equipped kitchen with a 16 ft hood, this baby is a turn key opportunity. All you need is some energy and a willingness to work at a business you will love. Still known for their tasty tacos, this restaurant can bring clients in the door. The center is anchored by a Ralphs Market and a very busy Ross store. Located right off the freeway!

Owner is currently spending $6K mo on payroll costs. This is a perfect sutup for a partnership or husband-wife team.

Perfect end cap location on a main road in one of Southern California's most popular cities, this business is ripe for fresh legs and a new set of eyes.

Current owner does No catering-No marketing and has No advertising budget. New owners can have a good slice of the Mexican food market in this area.

Priced reduced and this absolutely will not last.

Paramount Restaurant Brokers, Inc.

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

Lease

Region:
San Diego
Orange County
San Bernardino Restaurant For Sale
Lease Term:
New Lease
Total Monthly Rent:
$3,000
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$378,000
Last Year's Food Cost %:
26
Last Year's Payroll Cost %:
27

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
3
Hours Open:
9 AM - 9PM 7 Days
Year Established:
1997
Hood System Type 1:
Yes

Facilities

Indoor Seating:
70
Outdoor Seating:
15
# of Parking Spots:
40
Inside Sq. Ft.:
1600
Outside Sq. Ft.:
600

Highlights

  • Hot Mexican Food Concept For Sale
  • End Cap Mexican Food Restaurant
  • Owner Retiring 14 YR Mexican Food Concept
  • Mexican Food Restaurant Needs Fresh Legs
  • Awesome Mexican Food in Busy Center
  • Suburbia families Mexican Food For Sale
  • Perfect Owner Operated Mexican Food Business
  • New Owner Needed For Popular Mexican Food Business
  • Owner Calling It Quits After 14 Years
  • Hot Buy-14 YR Old Mexican Food Restaurant
  • Steal This Mexican Food Restaurant
  • Mexican Food-14 Years-Beer & Wine

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 63,581 105,670
Households 3-mi. 5-mi
2010 Number Of Households 15,914 28,528
2010 Persons Per Household 3.30 3.18
Median House Value $269,700 $279,560
Income Per Household $78,880 $74,191
Businesses 3-mi. 5-mi
2009 Number Of Businesses 652 1,680
2012 Number Of Employees 14,044 50,342
2012 Total Annual Payroll $257,445,000 $853,017,000

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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