Business For Sale

Mexican Restaurant + 18 Years Same Location

San Jose, CA
Santa Clara County

South Bay Area


Asking Price: Annual Revenue:
$225,000 $236,125

Food & Beverage: Coffee, Cafe, Dessert


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RE: Mexican Restaurant + 18 Years Same Location Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $225,000
Annual Revenue: $236,125
Net Profit: $54,130
Cash Flow: $54,130
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 3
BBN Listing #: 4698931
Broker Reference #: 8592

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Business Overview:

Mexican Restaurant BTI 8592
Long time (18+ years) well established Mexican Restaurant at a prime corner location in an affluent south bay city surrounded by high tech businesses and great neighborhoods. An additional source of income is an onsite food cart that can be activated by the buyer as the only permit available in the city and will be a significant source of income. Cash flow would be increased through extending hours.
Sales: $236,125 Purchase Price $225,000 Down Payment $225,000
Cash Flow $54,130 For 12 months ending Dec 2017 from owner provided P&L
Rent $3,481 NNN $440 Bldg. Size 1,495 Sq. Ft. Expires 12/31/2020
One Option for 5 Yrs
Owners FT 0 PT 0 Employees FT 2 PT 1
Hours: Monday - Friday 10:00 - 6:00 Saturday 10:00 - 3:00 Sunday Closed

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Property Features and Assets:

Corner location on a very busy retail street in an affluent neighborhood.

Reason for Selling:

Leaving Business

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.

Documents:

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