SBA 10 years loan pre-approved for this truly authentic Mexican, fast-food restaurant offering all the amazing flavors of real Mexican food. Established in 1984 this restaurant has been in the same ownership for 40 years. Now operated semi-absentee (2 days per week), the owners enjoy assisting in the restaurant on the busy weekends or whenever & wherever needed along with their 10 long-term loyal employees.
2078 Sq ft indoors and 200sq ft patio seating for a total of 68 seats. During the pandemic the restaurant and kitchen were completely renovated to the status of Brand New. This opportunity is completely 'Turn Key' and no repairs or maintenance necessary for the incoming new owners.
Located in a busy shopping center with many big named stores and neighboring alongside Starbucks and Baskin Robbins. Fully equipped kitchen to include; Two 13.5ft Type 1, hood with fire suppression system, two double deep fryers, 5ft griddle, 5 station steam table, 2ft cheese melter, steamer, host of refrigerators and worktops. The dining room has a QSR set up for fast and economical service with eight x 55" TV's, 6 x LED graphic design wall displays and menu boards all displayed with a Mexican flair. The space is kept cool with two 5-ton Carrier HVAC systems. 40 years of goodwill, $1.5million in revenues and $360,000 in profit is for sale for the asking price of $975,000.
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 Owner1984
- Reason For SaleOther Interests
- Square Feet2,078 + 200 Patio
- LicensesHealth, Business & ABC Type 41 License
- Open Hours9.00am - 9.00pm Daily
- Rent$7,500 inclusive NNN
- Yearly IncreaseContact for Info
- Monthly Revenue$121,897
- Monthly Cash Flow$30,000
- Annual Revenue$1,462,754
- Annual Cash Flow$360,000
- 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.