$500,000 in annual sales and growing. The City of Stockton, just 30 minutes south from Sacramento has a population of around 300,000. Although one of the hardest hit city's during the 2010/2012 national financial crisis, it is emerging as a fast growing central valley community. This 3,500 sq ft Mexican restaurant has been established since 2005 and has a type 47 hard liquor license and a 150 customer capacity. The kitchen is equipped with a 10 ft type 1 hood with fire suppression system, a double basket deep fryer, char broiler, 12 burner stove with 2 ovens, 2 door refrigerated work tops, 3 compartment steam table, seller owned dish wash machine, large walk-in and ample s/s prep tables. The server has a glass door double upright refrigerator, coffee and ice machines, ALL owned, NO Leases. The dining room has loose tables and chairs seating 90, separate full bar room with a 12 seater wood bar and further seating plus a band and dance floor area. All the equipment is in excellent condition and is a 'turn key' opportunity. This restaurant is a fine example of a well run business. Come and take a look as this opportunity which could be yours for the low price of $135k fully inclusive of all equipments, goodwill and hard liquor license. Complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials & the lease. We will also send you the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationSole Proprietorship
  • Established1970
  • Current Owner2005
  • Employees11
  • Reason For SaleOther Interests

Facilities

  • Seating150
  • Square Feet3500
  • Parking100+
  • LicensesHealth, Business and ABC Type 47 License
  • Open HoursSun - Thurs 11.00am - 9.00pm 11.00am - 11.00pm Fri & Sat

Lease

  • Rent$4,560 Inclusive NNN
  • ExpirationNew Lease - Negotiable
  • Yearly IncreaseNew Lease - Negotiable
  • OptionNew Lease - Negotiable
  • DepositNew Lease - Negotiable

Financials

  • Monthly Revenue$40,000
  • Monthly Cash Flow$3,750
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$10,250

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location