Seller's Contact Information
- RE: $PROFITABLE$-Strong SDE Fast Casual Mexican
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $189,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 6 | |
| BBN Listing #: | 944111533 | |
| Broker Reference #: | 4508 |
Business Overview:
$PROFITABLE$-Strong SDE Fast Casual Mexican Concept w/Strong Catering Sales! Sales on the RISE!
RRC# 4508
Location: San Mateo County
Description:
Don’t miss this opportunity to buy this wonderful existing concept in an ideal high-traffic location. This 950sf, casual, quality Mexican concept is located directly off a major Peninsula freeway and thoroughfare. In addition to the customer foot-traffic within the strip mall and immediate area, the business has extremely strong catering contacts and catering business. The local businesses and nearby college drive a lot of sales to this trusted eatery and catering kitchen. Sales are UP in 2023!! Owner is making roughly $15,000 a month after add-backs and personal expenses.
This great concept previously had three successful locations, which were sold, and this last strong location is prime for a new buyer and operator to continue the success here.
The current lease rate for this space is $4165 NNNs, and an incoming tenant can be assigned a long-term lease. The business is run with approximately six employees and the owner, and produces consistent SDE Profitability. It was doing over $1,000,000 in sales pre-pandemic, and now in 2022 the catering sales have returns and volume and profits are back and on the Rise in 2023, above 2022 sales.
Please request a full equipment list for this space and a tour.
The future is bright for this concept and location to thrive long into the future!
For more information please visit: https://www.restaurantrealty.com/listings/4508/
Financial Information:
Monthly Revenue: $57,026
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
General Info:
Ownership: Corporation
Established: 1998
Current Owner: 2014
Employees: 6
Reason For Sale: Retirement
Monthly Rent: $4,165 nnns
Expiration: 10/31/22
Facilities:
Square Feet: 950sf
Seating: 49
Parking: Parking Lot
Licenses: Owner has a TYPE 47 Liquor License for sale for $100,000
Days/Hours of Operation: 1030am-730pm daily, closed Sundays
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 950 Seating: 49 Parking: Parking Lot
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $275,000Restaurant and Bar for sale at Dale Hallow Lake
Awesome income potential. Nestled in between two marinas on Dale hallow lake turn key restaurant and bar with 2 bedroom 2 bath down stairs. Building comes with everything you need to start conducting business upon closing. Building is being sold for appraisal value restaurant equipment is a bonus. Don't let this opportunity of a lifetime pass you by.
Asking Price: $192,000Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Asking Price: $1,200,000Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Asking Price: $750,000Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Asking Price: $8,000,000Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
Asking Price: $2,500,00011 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
Asking Price: $60,000My new Listing
bnvgfkuyfky
Asking Price: $645,000Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Asking Price: $195,000Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Asking Price: $500,000Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.
