Mexican Rest, High Vol & Net, Gross Lease, BUSY.

Price: $199,000

Location: Los Angeles County, CA

Industry: Mexican Restaurants

Listing ID: 5583 JH

Listing Status: New

Description

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.

LISTING DETAILS

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

Operation

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

Location

Real Estate: N/A

Monthly Rent: $5,800

Type of Location: Strip Center

Square Footage: 1300

Summary

Reason For Sale:

Family

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LISTING OWNER