Located in the fast-growing Antelope Valley, home to some of the nation's largest aerospace companies, this profitable Mexican restaurant with a full ABC license has showcased Old World charm since 2013, while featuring bold flavors of Mexican-inspired classic dishes with an imaginative flair. A wide range of catering options and popular weekend karaoke nights help drive revenues. Customers come to enjoy the spacious 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. Tenant-friendly lease terms. Equipment includes 18' hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.

General Info

  • OrganizationCorporation
  • Established2013
  • Current Owner2013
  • Employees8 FT, 8 PT
  • Reason For SaleOther Interests

Facilities

  • Seating230
  • Square Feet5,000
  • ParkingPublic lot
  • LicensesHealth permit, ABC, business (all already valid)
  • Open HoursMon - Thurs 11 a.m.-10 p.m., Fri/Sat 11a.m.-12 a.m., Sun 9:30 a.m. - 10 p.m.

Lease

  • Rent$18,000
  • Expiration5/22
  • Yearly IncreaseContact For Info
  • Option5-10 year option
  • DepositContact for Info

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact for Info
  • Annual Revenue$1,169,850
  • Annual Cash Flow$143,000
  • Payroll$Contact 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