NOT DISCLOSED, California
| Asking Price |
$299,000 |
Year Established |
|
|
| Annual Revenue |
$438,041 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$105,279 |
Attention |
John Irvine |
|
| Annual Cash Flow |
$0 |
Listing Number |
1013540 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Situated in the heart of Central Contra Costa County, California, is a highly profitable and well-established Mexican Grill for sale. Renowned for its diverse menu, this restaurant offers mouthwatering breakfast, lunch, dinner, and dessert options with a special attention to comfort food, small plates, and vegetarian delicacies. Parents will appreciate the kid-friendly options, making it a popular choice for families.
The business has showcased a robust financial performance with tax returns revealing a gross revenue of $438,000 and net profit of $105,000. The current asking price has been strategically calculated at 3 times the seller's net profit, ensuring a fair deal for potential buyers.
The location benefits from a variety of service options including outdoor seating, delivery, and drive-through services, catering to a broad spectrum of customers' preferences. The restaurant also facilitates takeout options, catering to the growing demand for convenient and quick food services.
Operating on a monthly rent of $3,800, the business has a lease term that extends to 2027, with options, providing a sense of stability for any prospective owner. The restaurant's prime location in a bustling county enhances its visibility and customer footfall, ultimately driving its revenue.
For those interested in acquiring this thriving Mexican Grill, a completed NDA needs to be on file with the listing agent. You can request an NDA thru this website.
Property Features and Assets:
Market Competition and Expansion:
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