Established 42 Years – Famed Mexican

Not Disclosed, CA
Los Angeles County

North Los Angeles County

Asking Price: Annual Revenue:
$745,000 $2,343,596

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established 42 Years – Famed Mexican Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $745,000
Annual Revenue: $2,343,596
Net Profit: $229,760
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 40
BBN Listing #: 382211533
Broker Reference #: 4463

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Business Overview:

Established 42 Years – Famed Mexican 2,800 square feet + 700 Patio Restaurant - $2.4 Million Annual Sales – ABC Hard Liquor License

RRC# 4463
Location: North Los Angeles County

SBA loan approved for Well Established (1981) Authentic Mexican restaurant with ABC type 47 hard liquor license and indoor seating for 100 plus a further 35 on the patio. Seller owns the real estate and is willing to commence a new long lease of 10 years + three, 5-year lease options to well qualified, experienced restaurant operators at $12,500 monthly rent. There is a 12ft L shaped kitchen type 1 hood with fire suppression system, stove, ovens, steam tables and fryers. The separate prep kitchen houses worktops, mixers and a large walk-in. The dining room tables are mostly booth seating with some table and chairs and high tops in the separate bar area with classic easy to maintain Mexican tile flooring. POS system throughout and an amazing automatic margarita machine in the bar for their #1 seller. The patio is heated and has see-through, roll up curtain walls which includes a mister system for those warm summer days. This is a true example of a real Mexican restaurant with looks and feel. Ample storage on the property but there is also a 500 square feet storage building on site house extra equipment, to go boxes and canned goods.

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 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.

Financial Information:
Monthly Revenue: $195,300
Monthly Cash Flow: $19,147
Annual Revenue: $2,343,596
Annual Cash Flow: $229,760
Annual Payroll: $821,458

General Info:
Ownership: Inc
Established: 1981
Current Owner: 1981
Employees: 40
Reason For Sale: Other Interests
Monthly Rent: $12,500
Expiration: 2033 plus 15 Years Option

Square Feet: 2,800 + 700 Patio
Seating: 135
Parking: 41
Licenses: Health, Business & ABC Type 47 Licenses
Days/Hours of Operation: Sunday - Thursday 11.00am - 8.30pm. Friday & Saturday 11.00am - 9.00pm Daily

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Property Features and Assets:

Square Feet: 2,800 + 700 Patio Seating: 135 Parking: 41

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.

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