$2million in Annual Revenues 2018, 2019 & 2020 with a consistent 17/18% - $370,000 Profit, all from an 800 sq ft QSR restaurant. The large 1500 sq ft patio helps of course and the temperate climate of Ventura County allows for 10-month outdoor patio use. The low rent of 8% of revenues helps this very consistent & healthy bottom line. The owners have operated this restaurant since 1999 and are enjoying the lifestyle it offers them. The food is exceptionally high quality and fresh. From Cancun to Cabo and the Shoreline above, seaside food stands offer traditional Mexican Favorites. This restaurant is all about fresh, healthy Mexican food. No Microwaves, No Lard, No MSG, No Freezers and No Can Openers. They receive all their Produce, Meats, and Groceries fresh, 7 days a week from local vendors. Using fresh produce, natural chicken breast, hand trimmed steak, and salsas that are made fresh all day long. Menu items are prepared to order, in a clean, contemporary setting while using only eco-friendly options for plasticware. Seating for 25 Indoors and 60 on the patio this corner location has fabulous curb appeal and makes for a long-lasting impression offering the perfect balance of product, ambience & experience. 3 managers are in place with 20 employees in total and full training will be offered to assist the new owner. Good records with full financials are available upon request to well qualified experienced buyers. ABC Type 41 Beer and Wine license is included. 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'll send you the name and address and photos of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We'll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationInc
  • Established1993
  • Current Owner1999
  • Employees20
  • Reason For SaleRetirement

Facilities

  • Seating25
  • Square Feet795 + 1,500 Outdoor Patio
  • ParkingParking Lot 100+
  • LicensesHealth, Business & ABC Type 41 License
  • Open Hours9.00am - 8.30pm Daily

Lease

  • Rent$12,900 inclusive, NNN, CAM & Trash
  • Expiration2025
  • Yearly Increase3%
  • Option5 year lease option
  • Deposit$6,000

Financials

  • Monthly Revenue$163,750
  • Monthly Cash Flow$30,833
  • Annual Revenue$1,965,000
  • Annual Cash Flow$370,000
  • Payroll$41,745

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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