Mexican Restaurant/bar; $1.7+ Million Sales

Not Disclosed, CA
San Mateo County

Asking Price: Annual Revenue:
$595,000 $1,700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant/bar; $1.7+ Million Sales Broker: Seller of Business

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $274,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 146111533
Broker Reference #: 3596

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Business Overview:

Mexican Restaurant/Bar; $1.7+ Million Sales; $274,000+ Profit; SBA Loan Pre-Appoved; in Shop Center

RRC#: 3596
Asking Price: Offered At $595,000
Location: San Mateo County
Annual Revenue: $1,700,000
Annual Cash Flow: $274,000
Monthly Rent: $9,566 + NNN

Listing Description:
This business has been pre-approved for an SBA Loan so with 10% to 20% or $59,500 down to $119,000 down the SBA will finance this business. This long established restaurant and full bar is in a corner location in a shopping center in a strong location that is growing and surrounded by high tech companies. There is an attractive dining room with tables and chairs, banquette seating, tile floors and windows surrounding the perimeter so the restaurant has an open airy feeling. There is a separate bar area, display kitchen, outdoor seating area, full kitchen, and prep kitchen. There are several storage areas, two ADA restrooms, employee restroom and office area. Some of the equipment includes as follows: 2 – 11' type 1 hoods with fire suppression systems, 3 compartment food warmer, 2' x 3' char grill, 3' flat grill over 4 under counter refrigerator drawers, 6 burners over oven, 3' salamander, 3 double basket fryers, 4' flat grill over oven, 4 burners over oven, 2 stock pot burners, pizza oven, orange juice machine, counter mixer, walk-in refrigerator, steamer, 2 compartment sink, 3 compartment sink with rinse hose, dishwasher, 18 employee lockers, 5 – 2 door under counter refrigerators (3 with sandwich stations on top & 1 with 6 taps), 3 compartment steam table, 3 hand sinks, 2 full door glass refrigerator, ice machine, 2 large screen TV’s, 2 ice bins, 3 compartment sink, POS system, 2 glass door under counter refrigerator, 1 group espresso machine and 2 compartment ice cream freezer, etc.

General Information:
Organization: Corporation
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $141,666
Monthly Cash Flow: $22,833
Annual Revenue: $1,700,000
Annual Cash Flow: $274,000
Payroll: Contact For Info
Monthly Revenue: $141,666
Monthly Cash Flow: $22,833

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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.

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