Price: $199,000
Location: Los Angeles County, CA
Industry: Mexican Restaurants
Listing ID: 5583 JH
Listing Status: New
This well-established restaurant has been a staple in the community for over 14 years, earning a loyal customer base and a reputation for quality and consistency. With strong monthly sales of $50,000 and a net income of $10,000, this business offers a lucrative opportunity for an owner-operator or investor seeking a high-cash-flow operation.
Located in a bustling commercial area with steady foot traffic, the restaurant benefits from a prime location that ensures consistent customer flow. The space is fully equipped and staffed, allowing for a seamless transition to new ownership. With seven years remaining on the lease and renewal options available, the business offers long-term stability in a competitive market.
Currently operating seven days a week from 8:00 AM to 9:00 PM, the restaurant presents significant growth potential. Expanding catering services, optimizing delivery operations, or introducing new menu offerings could further enhance revenue and profitability.
Owned and operated by a dedicated family, the business is now available for sale due to personal family reasons. This presents an excellent opportunity for a new owner to step in and build upon its long-standing success.
Down Payment: $199,000
Total Sales: $600,000
Cash Flow: $120,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $50,000
FFE Included: Yes
Inventory: $8,000
Inventory Included: No
Year Established: 2010
Days & Hours of Operation: 7 DAYS 8AM TO 9PM.
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Lease Option: 5 year option
Real Estate: N/A
Monthly Rent: $5,800
Type of Location: Strip Center
Square Footage: 1300
Reason For Sale: Family