Chronic Tacos is a southern California based taco franchise. Authentic Mexican food with easy going, laid back feeling. Popular with locals and active day visitors, who visit Auburn for hiking and mountain biking from the Sacramento area, this restaurant was able to stay open for to go food and bring in revenue throughout the hard-hit year 2020.Conveniently located, highly visible from highway 80, easily accessible.  The 1515 sf place absentee run, easily manageable with few employees.  The restaurant is only a year old, cost $380k to build with brand new equipment. The original $40K franchise agreement transferable for $15K. The owner also has the territory right for 6 more stores in the Sacramento area, it is available for an extra $50K above the asking price.  The landlord is ready to negotiate a long new lease with excellent terms to an experienced, qualified new restaurant owner. To receive more information and discuss this opportunity with the broker along with the broker's connections for a long-term SBA loan solution, please complete the 'Non-Disclosure Agreement' on our website and we will send you the historic financial information, current lease & comprehensive list of equipment included with the sale. We will also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2019
  • Current Owner2018
  • Employees6
  • Reason For SaleOther Interests

Facilities

  • Seating25
  • Square Feet1,515
  • Parking10 plus street
  • LicensesHealth, Business
  • Open Hours11-7 7 days a week

Lease

  • Rent$4,100
  • Expiration2024
  • Yearly IncreaseContact For Info
  • Option3x5 year
  • Deposit$12,120.00

Financials

  • Monthly Revenue$22,157.00
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$8,161

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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