Don't miss this opportunity to buy this wonderful existing concept in an ideal high-traffic location. This 950sf, casual, quality Mexican concept is located directly off a major Peninsula freeway and thoroughfare. In addition to the customer foot-traffic within the strip mall and immediate area, the business has extremely strong catering contacts and catering business. The local businesses and nearby college drive a lot of sales to this trusted eatery and catering kitchen. Sales are UP in 2023!! Owner is making roughly $15,000 a month after add-backs and personal expenses.
This great concept previously had three successful locations, which were sold, and this last strong location is prime for a new buyer and operator to continue the success here.
The current lease rate for this space is $4165+NNNs, and an incoming tenant can be assigned a long-term lease. The business is run with approximately six employees and the owner, and produces consistent SDE Profitability. It was doing over $1,000,000 in sales pre-pandemic, and now in 2022 the catering sales have returns and volume and profits are back and on the Rise in 2023, above 2022 sales.
Please request a full equipment list for this space and a tour.
The future is bright for this concept and location to thrive long into the future!
- Current Owner2014
- Reason For SaleRetirement
- Square Feet950sf
- ParkingParking Lot
- LicensesOwner has a TYPE 47 Liquor License for sale for $100,000
- Open Hours1030am-730pm daily, closed Sundays
- Yearly IncreaseContact for Info
- Monthly Revenue$57,026
- Monthly Cash FlowContact for Info
- Annual RevenueContact For Info
- Annual Cash FlowContact For Info
- 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.