Price Reduced to $1million – Extremely Profitable

Not Disclosed, CA
Ventura County


Asking Price: Annual Revenue:
$1,000,000 $1,965,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced to $1million – Extremely Profitable Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,965,000
Net Profit: Not Disclosed
Cash Flow: $370,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1993
Employees: 20
BBN Listing #: 935811533
Broker Reference #: 4048

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Business Overview:

Price Reduced to $1million – Extremely Profitable Mexican QSR - Upscale Location in Ventura County

RRC#: 4048
Asking Price: $1,000,000
Location: Ventura County
Annual Revenue: $1,965,000
Annual Cash Flow: $370,000
Monthly Rent: $12,900 inclusive, NNN, CAM & Trash
Expiration: 2025

Listing Description:
Consistent $2million in Annual Revenues 2018, 2019, 2020 & 2021 with a 18% - $380,000 Profit, all from an 800 sq ft QSR restaurant, large patio and ToGo delivery. The large 1500 sq ft patio helps to create more space and the temperate & climate of Ventura County allows for 10-month outdoor patio use. The low rent of 8% of revenues makes this very consistent & healthy bottom line. The owners have operated this restaurant since 1999 and are enjoying the lifestyle it offers them. The food is exceptionally high quality and fresh.

From Cancun to Cabo and the Shoreline above, seaside food stands offer traditional Mexican Favorites. This restaurant is all about fresh, healthy Mexican food. No Microwaves, No Lard, No MSG, No Freezers and No Can Openers. They receive all their Produce, Meats, and Groceries fresh, 7 days a week from local vendors. Using fresh produce, natural chicken breast, hand trimmed steak, and salsas that are made fresh all day long. Menu items are prepared to order, in a clean, contemporary setting while using only eco-friendly options for plasticware.
Seating for 25 Indoors and 60 on the patio, this corner location has fabulous curb appeal and makes for a long-lasting impression offering the perfect balance of product, ambience & experience. 3 managers are in place with 20 employees in total and full training will be offered to assist the new owner. Good records with full financials are available upon request to well qualified experienced buyers. ABC Type 41 Beer and Wine license is included.

To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address and photos of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.


General Information:
Organization: Inc
Year Established: 1993
Current Owner: 1999
Employees: 20
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $163,750
Monthly Cash Flow: $30,833
Annual Revenue: $1,965,000
Annual Cash Flow: $370,000
Annual Payroll: $500,943

Facilities:
Square Feet: 795 + 1,500 Outdoor Patio
Seating: 795 + 1,500 Outdoor Patio
Parking: Parking Lot 100+
Days/Hours of Operation: 9.00am - 8.30pm Daily

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.

Reason for Selling:

Retirement

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.

Relevant Links:

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