Mexican Fast Food Restaurant - Absentee Owner

Costa Mesa, CA
Orange County


Asking Price: Annual Revenue:
$99,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Fast Food Restaurant - Absentee Owner Broker: Agent On Duty
License #: 01995716

Quick Facts

Asking Price: $99,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 10
BBN Listing #: 268655232
Broker Reference #: 4415 NK

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Business Overview:

Mexican food fast casual with beer and wine and outside patio.

Established since 1991, part of a chain of stores.

Open 6 days per week, closed Sundays.

Absentee owner, Net Profit is a projection if owner was to work full time at the business.

Major expenses: Rent- $7,500, Labor- $17,000, Utilities- $2,000, Insurance/WC- $1,000, Food Cost- 25%.

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Reason for Selling:

Corporate Store Sale.

Additional Details:

  • The property is leased.
  • 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.

Documents:

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