MergerPlace

Five Day Mexican Restaurant

California (Orange)


  • Asking Price: $150,000
  • Gross Income: $390,749
  • Cash Flow: $48,874
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $17,000
  • Listing ID: #205691
  • Established: 1993
  • Employees: 2 FT/ 4 PT

Business Description

Successful, absentee-run, 5 day (breakfast & lunch), Mexican fast casual restaurant that has built a great reputation by serving outstanding, fresh food for over 30 years. This restaurant has a 4 star rating on Yelp with almost 100 reviews. This business is turnkey with a talented chef, dedicated staff and many new pieces of equipment. With enormous new office buildings nearby, this restaurant offers great growth potential from catering. A full time owner/operator could replace one employee in this currently absentee run business and boost Seller's Discretionary Earnings significantly.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: California
County: Orange

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/ 4 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $390,749
Cash Flow: $48,874
FF&E: $17,000
Seller Financing Available: No

Property Information

Facilities:

This restaurant seats 40 in a 1,200 sq. ft. facility with a small patio. The restaurant is located in a commercial office center from which many office workers come for takeaway food.

Growth & expansion opportunities:

Since the business has been absentee run, the business owner has not marketed catering services. Significant growth could be achieved by hiring a driver and then marketing catering services to the hundreds of offices that are close to this restaurant.

Competition:

There are many fast casual Mexican restaurants in Orange County, but not very close to this restaurant. The demand for fresh, delicious Mexican food is enormous. This Mexican restaurant has thrived for over 30 years due to its outstanding location surrounded by many offices, its dedicated staff, its talented chef and its delicious food.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. This restaurant serves customers who dine-in or take out and this business provides catering services. This business requires at least one person to hold a California Food Safety Manager Certificate and the other employees must hold California Food Handler cards. The city requires a Business License.

Contact Business Seller

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Business Listed By:

John Holland

Murphy Business Brokers