Business Details

Mexican Restaurant

Location : Inland Empire

Type of Business : Mexican Taco Resatuarant

Asking Price: $245,000
Inventory: $8,000

Gross Sales: $840,000

Summary of Business

Very nice location surrounded by lots of schools businesses, apartment buildings and homes. Businesst was purchased last year, the new owner was planning on moving this way but plans changed and now and this location is too far from his other locations in orange county, the have a full kitchen with lots of newer and brand new equipment, all in terrific condition, walk in cooler, 2 grills 1 double burner 1 fryer an ice machine 2 door freezer 1 beer cooler 1 beverage cooler 1 salsa bar and a 12 foot hood, and the 4 televisions are also included in the sale of the business, this location is also recognized for their delicious recipe's and great tasting michelada beers, this location currently has a frequent costumer base that are regulars and is still growing.

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Other Details

Reason for Sale: The location is to far from his other locations

Income

Gross Yearly Sales: $840,000
Adjusted Yearly Net Profit: $144,000

Rent

Total Rent: $3,999
Options: 0
Sq. Ft: 1,800
Occupancy: 55

Employees

Number of Employees: 8
Full time: 4
Part time: 4
Hours of Operation: 9am -9pm Payroll: $18,000 per month

Expenses

Insurance: $3,600 per year
Gas: $1000-1200
Electric: $900-1500
Water: $inc
Phone: $220
Trash: $inc
Internet and TV: $inc phone
Cost of Goods: $30

Additional Details

Year Established: 2011


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