Authentic Baja Style Mexican Restaurant For Sale

Business description

Authentic Baja style Mexican grill located inside a great neighborhood shopping center on a major intersection in one of the affluent South Orange County communities. Current owners are husband & wife & established this nice restaurant about 2 years ago & spent about $250,000 to build it up. They have been serving their community fresh Mexican food for the last 2 years & found a broad customer base in the area which appreciates the quality of their food, service, & friendly atmosphere.

The owners need to take of their 3 kids, & they did not have much familiarity to run a restaurant business to begin with & run this restaurant as semi-absentee ownership with very high labor & food costs at this time. The owners believe someone who familiar with restaurant business could make good money as an owner/operator since there is a good sales level even at this current economic environment.

The restaurant sales, tax, sales tax & other related records are available & owners are willing to share them with serious & qualified buyer prospects; they also entertain to finance a portion of purchase price to qualify buyers.

Annual Revenue: $275,000
FF&E: $60,000 (Included in the price)
Inventory: $3,000 (Included in the price)
Seller’s Discretionary Cash Flow: Call/Email
Asking Price: $170,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information contact Mehdi Kazerooni,
SUNBELT BUSINESS BROKERS of ORANGE COAST at ------------.
fax: ------------. email: -----@-------------.---

For a complete listing of our currently available business opportunities go to:---.-------------.---

Property information

Real Estate:

Lease

Premises details:

1275 sq ft, $6138.00

Business Operation

Reasons for selling:

relocating.

Employees:

Full Time: 5

Years established:

3

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $8,000

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)