Award winning restaurant for 2023 from separate sources including a Guru Recommended winner & San Gabriel Valley's Best Readers Choice Award. SBA loan approved for this well established (1981) authentic Mexican restaurant located in the San Gabriel Valley area with an ABC type 47 hard liquor license and indoor seating for 100 plus a further 35 on the patio. Seller owns the real estate and is willing to commence a new long lease of 10 years + three, 5-year lease options to well qualified, experienced restaurant operators at $12,500 monthly rent. There is a 12ft L shaped kitchen type 1 hood with fire suppression system, stove, ovens, steam tables and fryers. The separate prep kitchen houses worktops, mixers and a large walk-in. Several improvements were made to the property in 2023 with the installation of a new AC system and parking lot reseal and restripe and added a new True single door freezer. The dining room tables are mostly booth seating with some table and chairs and high tops in the separate bar area with classic easy to maintain Mexican tile flooring. POS system throughout and an amazing automatic margarita machine in the bar for their #1 seller. The patio is heated and has a clear, roll up curtain wall which includes a mister system for those warm summer days. This is a true example of an authentic Mexican restaurant with real looks and feel. Ample storage on the property but there is also a 500 sq ft storage building on site house extra equipment, to go boxes and canned goods.
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 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.
- Current Owner1981
- Reason For SaleOther Interests
- Square Feet2,800 + 700 Patio
- LicensesHealth, Business & ABC Type 47 Licenses
- Open HoursSunday - Thursday 11.00am - 8.30pm. Friday & Saturday 11.00am - 9.00pm Daily
- Yearly IncreaseContact for Info
- Option15 Years Option
- Monthly Revenue$195,300
- Monthly Cash Flow$19,147
- Annual Revenue$2,343,596
- Annual Cash Flow$229,760
- 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.