Make Offer Seller Is Negotiable- Mexican Restauran

Not Disclosed, CA
San Mateo County

San Mateo County

Asking Price: Annual Revenue:
Not Disclosed $1,700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Make Offer Seller Is Negotiable- Mexican Restauran Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: Not Disclosed
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 #: 357711533
Broker Reference #: 3885

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Business Overview:

Make Offer Seller Is Negotiable- Mexican Restaurant/bar In Shop Center Formerly Did $1.7 Mil Sales

RRC#: 3885
Asking Price: Price is Negotiable
Location: San Mateo County
Annual Revenue: $1,700,000
Annual Cash Flow: $274,000
Monthly Rent: $9,566 + NNN

Listing Description:
THE SELLER IS VERY NEGOTIABLE and the financial information below are pre-covid numbers. 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. The lease terms below may be negotiable as well.
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

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Property Features and Assets:

Square Feet: 2,500 + outdoor seating Seating: 70 inside + 40 outside Hours: 7 / M-F: 10:30a-10p; SA, S: 9:30a-11p Parking: parking 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.

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