Not Disclosed, CA

Asking Price: Annual Revenue:
$150,000 $425,000

Miscellaneous: Non-classifiable

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Quick Facts

Asking Price: $150,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: 6
BBN Listing #: 286764284
Broker Reference #: SACRACA002-52280

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Business Overview:

This Northern California Mexican Restaurant is a California S Corporation and was started 2 years ago and has been growing since inception. They serve delicious authentic Mexican food, where the owners share their favorite dishes and build an experience for their customers to feel at home. They are open 7 days a week serving breakfast, lunch, and dinner. They specialize in goat and seafood dishes but serve many other dishes and have a unique menu. All recipes, menus and creativity go with the sale of the business. A Type 41 ABC Liquor License (Beer / Wine) is available for transfer as well. The market size in revenue of Mexican Restaurants in 2022 is $76.7 Billion. It is expected to increase by 7% in 2022, and the market size of the Mexican Restaurant industry in the US has grown 3.8% per year on average between 2017 and 2022, increasing faster than the economy overall. The market size of the Mexican Restaurants industry in the US increased faster than the Consumer Goods and Services sector overall. The primary positive factors affecting this industry are a growing life cycle stage and agricultural price index. The number of Mexican Restaurants is close to 62,000. The Mexican Restaurants industry has performed well over the five years to 2022, as Americans have grown increasingly fond of Mexican cuisine. Many of those who had little exposure to the food have made trips to locations with deep roots in Hispanic culture, enabling them to sample various Mexican delicacies and develop an appreciation for them. Popular destinations such as Florida, California and Texas are hubs for industry operators, with many developing their own distinct, regional take on the Mexican cooking. Additionally, a growing immigrant population has led to the establishment of authentic Mexican restaurants in regions where they were not previously popular.

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Reason for Selling:

Sellers want to pursue other interests.

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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