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Asking Price: $750,000

Mexican Restaurant Full ABC Profitable History

Burbank, CA
Los angeles County

Mexican Restaurant Full ABC Profitable HistoryRRC# 4898 Location: Burbank Description:Located in the heart of legendary Burbank, this 3,700 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2012, while featuring bold flavors of authentic family Mexican dishes with superior quality. With a warm atmosphere, this establishment is a popular community destination. Live music, including a very in-demand Mariachi band, and tequila tasting events encourage customers to linger as they enjoy their tequila and margaritas. Sunday brunch, and daily happy hours add to a healthy, profitable bottom line. Customers come to enjoy the inviting dining room or spacious patio. This restaurant has received abundant local media attention as a go-to eatery, popular with the local film and television studio employees. Nearly 700 top Yelp reviews show a loyal customer base. Amble parking in a public lot. Tenant-friendly excellent long-term lease terms. Equipment includes hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.Financial Information:Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for InfoAnnual Revenue: $2,110,594 Annual Cash Flow: $332,000 General Info:Ownership: CorporationEstablished: 2012 Employees: 2 Full Time; 23 Part Time Reason For Sale: Other InterestsMonthly Rent: $5,995 Expiration: 2029 plus 5 year options Facilities:Square Feet: 2,137 350 front patio 1,200 rear patio Seating: 194 Parking: Public lot Licenses: Health permit, ABC permit Days/Hours of Operation: Sunday - Thursday 11:30 a.m.-9 p.m.; Friday - Saturday 11:30 a.m. - 10:00 p.m.

Cash Flow $332,000
Revenue $2,110,594

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