Seller's Contact Information
- RE: Absentee Owned Regional Mexican Restaurant Chain Location - Seller Financing Available! - SC2180
- Contact: Brett Sargent
Business Overview:
This Northern California based Mexican Restaurant chain single location is a Sub-Chapter S corporation and has been in operation for the past 3 years under current ownership. The Seller owns multiple businesses, so this is an absentee run business with a complete leadership team in place. This restaurant chain is regional and is extremely popular, offering tacos, burritos, enchilada plates, salads, suites, etc. This restaurant chain has been a family-owned business since 1954, starting as a small trailer appearing at resorts in Northern California. Frequented by celebrities, word quickly spread of the amazing flavor and unique offerings. Stuffed with fresh, good quality, homemade ingredients, their tacos, and burritos became mainstays at various locations in California and Nevada. Their 70-year history is proof that this chain has what it takes to stay relevant.Property Features and Assets:
They operate out of a 1,500 square foot space with base rent at $4,672 per month with CAM charges of $2,001 per month and 10 months left on the lease. The lease is transferable.Market Competition and Expansion:
The Mexican Restaurant industry has thrived over the past five years in response to several favorable trends that have increased the consumer base for Mexican cuisine. Additionally, domestic adaptations of Mexican cuisines, such as Tex-Mex, have grown in popularity. Overall, industry revenue grew an annualized 4.7% to $89.8 billion over the past five years, including growth of 1.9% in 2023 alone.Reason for Selling:
The reason for selling is the Seller would like to pursue other interests.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Listing Update!
Update: Absentee Owned Regional Mexican Restaurant Chain Location - Seller Financing Available! - SC2180 is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Miscellaneous: Non-classifiable Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.
Similar Active Listings That May Interest You:
B. Listing Header *
Provide a general summary of your business: basic information, strengths of the business, history, growth, management, products, services, etc. You can also include the name of the business if you desire.
Jewelry Store
Gold and silver and steel jewelry, precious stones and body jewelry store in major shopping center in Eastern Pennsylvania is available for sale. Very profitable, semi-absentee management! Sales approximately $1.6 million!
Established Outer Banks Real Estate Business
Real Estate Sales