Seller's Contact Information
- RE: Mexican Restaurant With 47 License & Entertainment
- Contact: Andre
Quick Facts
| Asking Price: | $135,000 | |
| Annual Revenue: | $1,680,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1985 | |
| Employees: | 30 | |
| BBN Listing #: | 495149686 | |
| Broker Reference #: | 3251 |
Business Overview:
High Volume Mexican restaurant. Beautiful Mexican Villa Style Build-out. Very traditional with vibrant colors throughout. Business has a 47 license and entertainment permit; both are under-utilized and not taken anywhere near their maximum potential. A lot of obvious room for improvement. Perfect for an experienced restaurateur. Located in a very populated area. Event center nearby that constantly brings in customers.
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Property Features and Assets:
Located just 3 miles away from Dodger stadium. Easy access from any of the 3 nearby freeways that run through Downtown Los Angeles.
Market Competition and Expansion:
This restaurant is known for having parties or big groups of customers at a time. Ideal for the business, as it is also located in a densely populated Hispanic neighborhood. aIt is one of the few restaurants in the area that can accommodate a party of 15 or more. Big kitchen, perfect for high volume orders; 2 hoods with 2 open room layouts for prepping or large catering orders. Extra rooms for storage. Back entrance for deliveries. Parking is limited but they do offer valet service over the weekend. Restaurant has a small parking lot directly behind.
Reason for Selling:
Expenses have gotten out of control.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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