This popular restaurant is located on a main street in a desirable town with high-end demographics. It is open for lunch and dinner, serving refined Mexican-inspired California cuisine in a country chic atmosphere. It has a full liquor license, and the restaurant is known for its cocktails. It's the kind of place where you could sit on the wonderful patio for hours sipping margaritas on a hot summer day. The inside of the restaurant seats 45; outside patio area seats 49. The restaurant is housed in a free-standing building, located on a major thoroughfare, near retail and professional offices. There is a dedicated customer parking lot. This successful business has yet to reach its full potential. The open kitchen includes a wood burning grill (which the restaurant is known for), a walk-in refrigerator, one 6' hood and one 8' hood, one fryer, one 6-burner stove, a 2-door under-counter refrigerator with prep station, a 3-compartment sink, a dishwasher, an ice machine, lockers for employees, and 2 ADA restrooms. SBA Financing available.

General Info

  • OrganizationContact For Info
  • EstablishedContact For Info
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating49 Indoor 49 Outdoor
  • Square Feet1679
  • ParkingParking Lot and Street
  • LicensesBusiness, ABC Type 47
  • Open Hours11:30am - 9pm Tuesday - Thursday 11:30am-10pm Fri/Sat 11:30am-8pm Sun

Lease

  • Rent$6,500
  • ExpirationNegotiable
  • Yearly IncreaseContact For Info
  • OptionNegotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$110,000
  • Monthly Cash Flow$13,000
  • Annual Revenue$1,322,700
  • Annual Cash Flow$157,000
  • 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.

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