Well Established Mexican Restaurant-Beer and Wine License

Asking Price$595,000

Cash Flow
$224,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$937,684

InventoryNot Disclosed

FF&ENot Disclosed

Private Restroom
Spacious Dining Room
Light and Bright Space
Beverage Station
Front of House
Kitchen
New Freezer
New Stove
Pantry
Back Prep Space
Walk-In 3-Fan Cooling
Walk-In
Private Restroom
Spacious Dining Room
Save1/12

Well Established Mexican Restaurant-Beer and Wine License


Asking Price$595,000

Cash Flow
$224,500
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$937,684

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Seller Retiring
This well-established restaurant is located on the corner of a remarkably busy, high traffic area surrounded by several well known major businesses whose employees, clients and shoppers are drawn to the area on a regular basis. This restaurant's success has been established by word of mouth from repeat customers, walk-in customers, to-go orders, online orders and catering. Significant growth opportunities exist through increased catering and establishing a strong social media presence, with an added focus on beer and wine sales. This restaurant is extremely well maintained with modern interior finishes and high quality equipment. The fully equipped kitchen has stainless steel walls, walk-in cooler, freezer and a large pantry area for storage. Owners have recently updated the walk-in refrigerator with a 3-fan cooling system, they have replaced the ice machine freezer, stove and fryer, and replaced the A/C unit, water heater and electrical service. They have purchased a new robot for streamlining the kitchen and have added artificial intelligence to the phone system. Lease includes two five-year options.
About the Business
Years in Operation
17
Employees
7
Facilities & Assets
All equipment, fixtures and furniture are included in this sale.
Market Outlook / Competition
One of the only non-fast food Mexican Restaurants in Fountain Valley and one of only a few restaurants in all of Fountain Valley with a Beer and Wine License.
Opportunities for Growth
Owners have identified three areas where significant growth would be most easily accomplished. New owners should focus on social media expansion, increased catering and expansion of beer and wine business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,965
Rent
$10,921.00 per month
Lease Expiration
3/31/2028
About the Sale
Seller Motivation
Retirement
Transition Support
Sellers are willing to stay on for a reasonable period for training and transitioning business to new owners.
Financing Options
Cash to new loan.
Listing Info
ID
2397884
Listing Views
1797
Attached DocumentsAttachment Disclaimer

Cancun Fresh Descrip.pdf


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Business Listed by: Pete Ruthenbeck

Listing ID: 2397884 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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