Business For Sale

Mexican Restaurant With Beer/wine - Popular

Solvang, CA
Ventura County


Asking Price: Annual Revenue:
$219,000 $636,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurant With Beer/wine - Popular Broker: Steve Zimmerman

Quick Facts

Asking Price: $219,000
Annual Revenue: $636,000
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 421811533
Broker Reference #: 2893

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Business Overview:

Mexican Restaurant With Beer/wine - Popular, Long-established

RRC#: 2893
Asking Price: $219,000
Location: Solvang, Santa Barbara County, California
Yearly Revenue: $636,000
Yearly Cash Flow: $84,000
Monthly Rent: $4,480

LISTING DESCRIPTION:
Located in the heart of the quaint town of Solvang, surrounded by the vineyards and mountains of the beautiful Santa Ynez Valley. this cozy location showcases Solvang''s Old World charm, while featuring bold flavors of Mexican-inspired, California classic dishes with an imaginative flair. Customers come to enjoy the cozy dining room or patio, sip a cocktail or wine and sample a unique rendition of California''s Signature cuisine. Easy to park location on a highly visible road. Beer/wine license and tenant-friendly lease terms. This rare gem of a restaurant opened its doors in 2014. The building was designed by Ferdinand Sorensen, who is known as the “father of Solvang Architecture”. The restaurant has been completely remodeled with beautiful hand-carved beams. The previous restaurant on the site had a run of nearly 40 years. Equipment includes walk-in refrigerator, walk-in freezer, flat top grill, gas dryer, 10’ hood, POS system, prep tables and much more

GENERAL INFORMATION:
Organization: Partnership | Year Established: 1964 | Current Owner: 2014 | Employees: 2 FT, 9 PT | Seating: 100 | Square Footage: 2000 | Parking: Public Lot | Licenses Required: health permit, ABC | Days Open/Hours: Mon-Friday 9 am - 9 pm, Sat/Sun 8 am-9 pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $636,000 | Yearly Cash Flow: $84,000 |

LEASE INFORMATION:
Monthly Rent: $4,480 | Lease Expiration: 10/2019 | Lease Option: 5 year options |

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Additional Details:

  • The property is owned.
  • The owner is not 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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