Business Details

Mexican Restaurant

Location : Orange County

Type of Business : Mexican Restaurant

Asking Price: $190,000
Inventory: $15,200

Gross Sales: $610,000

Summary of Business

Located in an affluent area where great-tasting, high-quality food is in demand. This fast-casual restaurant is well-known for the best Mexican cuisine around, all made fresh to order. Need to see and taste to experience. They are one of many restaurants of the same family that has established a great reputation in South Orange County. Their food and service are top-notch. Sales have increased year after year. Even through covid sales continued to increase. Customers have continued to order a lot of take-out, accounting for approximately 50% of the sales. The owner is very meticulous and takes great pride in his work. He has been very successful and wants to guarantee the success to a buyer. Name and receipts not included in sale. Buyers’ choice to keep or change to a new concept.  

Show More

Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $610000 Annual
Adjusted Yearly Net Profit: $ 49050 Annual

Rent

Total Rent: $4,750
NNN: $inc in rent
Length of Lease: 5 years
Options: 0
Sq. Ft: 780
Occupancy: 40

Employees

Number of Employees: 12
Full time: 12
Hours of Operation: 10:30 am - 8:00 pm Payroll: $20,000

Expenses

Insurance: $3,000 per year
Gas: $450
Electric: $600
Phone: $220
Internet and TV: $ included in phone
Cost of Goods: $26

Additional Details

Year Established: 1982


Similar Listings
Can't find what you are looking for?

Lets search for that business together.

Click here to fill out our targeted acquisition form

Broker License:  01774609

Copyright ©BizbyAndre 2022. All Rights Reserved