Mexican Restaurant | 1.6 Million in Sales |

Not Disclosed, CA
Butte County


Asking Price: Annual Revenue:
$781,000 $1,627,567

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurant | 1.6 Million in Sales | Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $781,000
Annual Revenue: $1,627,567
Net Profit: Not Disclosed
Cash Flow: $311,531
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1968
Employees: 22
BBN Listing #: 112111533
Broker Reference #: 4050

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Business Overview:

Mexican Restaurant | 1.6 Million in Sales | Cash Flow $311,000 + | SBA-Approved 10% Down

RRC#: 4050
Asking Price: $781,000
Location: Butte County
Annual Revenue: $1,627,567
Annual Cash Flow: $311,531
Monthly Rent: $5,515
Expiration: 7 mos remaining 5 year option

Listing Description:
After satisfying customers since 1968 with great food and friendly service, the second generation owners are ready to retire and pass on years of goodwill to a well-qualified operator. Good books & records great location ready to go. Many repeat customers. Very stable business with great management included.Capitalize on the low-interest rates in today's market while they last and lock in a great deal. The business is pre-qualified for an SBA long-term (10 years) loan with just 10 % down. The Investment would also pay the debt service on loan and still have plenty of cash left for the new owner. With between 1.6 and 1.9 million in annual sales and over $311,000 in seller's discretionary cash-flow, this is a rare find indeed. Huge parking lot . The sale also includes all fixtures and equipment, some of which is 3 keg refer, two cold tables, 4 sharp cash registers , hood with ansul fire suppression system three compartment sinks, Ice machine , 7x7 and 11x9 ft walk-in coolers, seven security cameras, monitor for cameras, grill, 2 -70 pound fryers, 40 tables, 140 chairs, 100 gallon water heater, 3 72 can storage racks, 3 40 quart tilt kettles,4 well steam table, smith & Wesson safe, Bev air refer, 2 -40 quart Hobart mixers, 2004 GMC Van ,and much more. This investment will pay for itself and provide an excellent income for your family.

- [x] Pandemic Proof Business with YOY sales increase
- [x] SBA Prequalified only 10 percent down
- [x] Long term (10 years) SBA loan with low interest
- [x] Excellent investment for the future
- [x] An investment that truly pays for itself
- [x] Great family, accessible, fun business
- [x] Good verifiable books and records make easy financing
- [x] Long established business has a proven success record since 1968
- [x] Large Dining Room seats 148 guests
- [x] Has large parking lot with many parking spaces
- [x] Beer and Wine license included with the sale

Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and have good credit.

Complete the Non-Disclosure Agreement on our website, and we'll send you the complete financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity as well the broker's connections for a long-term SBA loan solution. No Co-Broker

General Information:
Organization: Corporation
Year Established: 1968
Current Owner: Family owned since 1968
Employees: 4 Full Time - 22 Part Time
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $135,630
Monthly Cash Flow: $25,960
Annual Revenue: $1,627,567
Annual Cash Flow: $311,531
Payroll: Contact for Info

Facilities:
Square Feet: 4,556
Seating: 148
Parking: Huge Parking Lot
Days/Hours of Operation: 11am-8pm

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:

Other Interests.

Additional Details:

  • The property is leased.
  • The owner is 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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