Well-established Mexican Restaurant With Full ABC

Not Disclosed, CA
Los Angeles County

Antelope Valley

Asking Price: Annual Revenue:
$299,900 $1,169,850

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well-established Mexican Restaurant With Full ABC Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $299,900
Annual Revenue: $1,169,850
Net Profit: Not Disclosed
Cash Flow: $143,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 16
BBN Listing #: 274511533
Broker Reference #: 4177

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Business Overview:

Well-established Mexican Restaurant With Full ABC

RRC#: 4177
Asking Price: $299,900
Location: Antelope Valley
Annual Revenue: $1,169,850
Annual Cash Flow: $143,000
Monthly Rent: $18,000
Expiration: 5/22 plus 5-10 year option

Listing Description:
Located in the fast-growing Antelope Valley, home to some of the nation's largest aerospace companies, this profitable Mexican restaurant with a full ABC license has showcased Old World charm since 2013, while featuring bold flavors of Mexican-inspired classic dishes with an imaginative flair. A wide range of catering options and popular weekend karaoke nights help drive revenues. Customers come to enjoy the spacious dining room or patio, sip a cocktail or wine and sample a unique rendition of delicious cuisine. Easy to park location on a highly visible road. Tenant-friendly lease terms. Equipment includes 18’ hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.

General Information:
Organization: Corporation
Year Established: 2013
Employees: 8 Full Time, 8 Part Time
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,169,850
Annual Cash Flow: $143,000
Annual Payroll: $299,546

Square Feet: 5,000
Seating: 230
Parking: Public lot
Days/Hours of Operation: Monday - Thursday 11 a.m.-10 p.m., Friday/Saturday 11a.m.-12 a.m., Sunday 9:30 a.m. - 10 p.m.

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Property Features and Assets:

Square Feet: 5,000; Seating: 230; Parking: Public lot.

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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