Located in the heart of the quaint town of Ojai, surrounded by the vineyards and mountains of the beautiful Santa Ynez Valley, this consistently profitable Mexican restaurant showcases Old World charm, while featuring bold flavors of Mexican-inspired classic dishes with an imaginative flair. Customers come to enjoy the cozy dining room or patio, sip a cocktail or wine and sample a unique rendition of delicious cuisine. Easy to park location on a highly visible road. Full ABC license and tenant-friendly lease terms. This rare gem of a restaurant opened its doors in 1987. Retiring seller is willing to entertain offers for sale of property as well. Equipment includes 10'n hood, three-door refrigerator, freezer, four burner range, deep dryer, POS system, prep tables and much more.

General Info

  • OrganizationCorporation
  • Established1987
  • Current Owner1987
  • Employees11
  • Reason For SaleOther Interests

Facilities

  • Seating72
  • Square Feet2316
  • ParkingPublic lot
  • LicensesABC, Health permit
  • Open HoursMon - Sun 11 a.m. - 9 p.m.

Lease

  • Rent$4,800
  • Expiration2024
  • Yearly IncreaseContact For Info
  • Option5 year options
  • DepositContact For Info

Financials

  • Monthly Revenue$71,000
  • Monthly Cash Flow$9,500
  • Annual Revenue$848,000
  • Annual Cash Flow$114,000
  • Payroll$$24,000

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