Become a part of an exciting, thriving chain, voted best Mexican since 2010! Serving fresh, organic, quality ingredients plus beer & wine! This turn key restaurant was beautifully constructed in 2017 with the finest materials including: brick, mosaic tiles, stainless steel and carrara marble. Opened in July 2017. Features an attractive dining area and spacious patio plus a state of the art custom kitchen with all new equipment. Catering sales are increasing every month with the surrounding tech industry and university, Great corner location with good visabilty within a 760,000 sq ft shopping center on major blvd. Advertising support is provided by the franchise and property manager for the shopping center. An area development agreement is included in the sale. With the opening of one more location, you can hold exclusive rights to the area from Carpinteria to Goleta for this franchise. Franchise fee is 5% plus 1.5% for advertising. Up to 8 weeks of corporate training offered at no charge. Absentee owner. ABC Type 41 Beer and Wine included. This is a great opportunity with abundant potential!

General Info

  • OrganizationContact For Info
  • Established2017
  • Current Owner2017
  • Employees25
  • Reason For SaleOther Interests

Facilities

  • Seating60 indoors 24 patio
  • Square Feet1868
  • ParkingLot
  • LicensesCity business license, health department, ABC
  • Open HoursMon-Sat 11AM- 9PM- Sun 11AM-2:30PM

Lease

  • Rent$8406 rent $1700 cams $800 water & trash
  • Expiration2026
  • Yearly Increase3% year 3
  • Option5 years
  • Deposit$25000

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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