Iconic Mexican Restaurant and Full Separate Bar
Asking Price : $1450000 Plus Inventory, Approximately $5,000
Inventory : $70000
Summary of Business
Long Established and very well known, Iconic Mexican Restaurant with full separate bar. Business has been very busy for decades. Good Central Orange County location. Current gross sales of $178,000 are an average for January - March 2021. Business was opened and closed during 2020. Sales are now reaching close to pre-pandemic numbers. Seller just spent around $100,000 (per seller) on business upgrades from remodeling dining and bar to new walk-in coolers and misc. equipment. Seller's old numbers were even higher. Long Term lease available. Seller may carry a note on an approved, experienced buyer with good credit.
Reason for Sale: Other interests