Business for Sale Overview:
Established Mexican Taqueria-high Traffic Location-excellent Demographics Price Reduction
RRC# 1286
Offered at: 59,000
Location: San Mateo, California
Listing Description:
Fantastic location, reasonable rent and an established clientele make this an attractive business to any potential buyer. The space has a sit-down dining room side, with sidewalk access, and another entrance to the register and service counter side for take-out orders. There is lots of street parking and is located at a high traffic intersection in a busy shopping district. Equipment includes an 8' type 1 hood, 6-burner saute' station, 4' flat griddle, two microwaves, 5-pan steam table, a 2-door beverage merchandiser, 2-door pizza prep. fridge, both a 3- compartment and a 1-compartment sink and tile floors. A back storage room with shelving, a chest freezer and a 2-door reach-in leads to an ADA restroom. The present semi-absentee owner is selling to minimize his long commute and is offering this turn-key operation complete with name, concept and recipes as well as the loyal clientele. Increased sales revenue can be achieved by opening earlier offering quick breakfast burritos etc. to cater to both local and commuter traffic. Weekend brunches are also an untapped source for increased sales revenues.
General Information:
Organization: Sole Proprietorship
Seating: 42
Square Foot/Size: 1,500
Parking: Street
License(s) Required: Business, Beer & Wine
Days Open/Hours: Mon-Fri 10a-9p, Sat-Sun 10a-8p
Lease Information:
Lease Rent: 4,000 all inclusive
Lease Expiration: 2010
Yearly Adjustment: 150/mo.
Lease Option: 5 years.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.