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Excellent Mexican Or Other Food Restaurant In California For Sale

Orange County, California - South, US
Asking Price:
$175,000 Furniture / Fixtures included
Sales Revenue:
$481,560
Cash Flow:
Not applicable

This Mexican restaurant serves all the classics—quesadillas, burritos, sopes, mulitas, and tortas—for lunch and dinner. It’s in a very good location: a small strip center (only 5–6 stores) with name brand franchise tenants, directly facing several recently built apartment complexes.

This fast casual concept has a fresh modern décor, with lots of natural lighting from its floor-to-ceiling glass front. The kitchen is very clean, well-maintained, and fully equipped; the equipment is all high end, stainless steel, and includes a large 14’ hood, fryer, griddle, range, an ice machine, walk-in and standalone coolers, and much more; see Agent for a complete equipment list.

The owner has multiple businesses across Southern California and is stretched too thin to operate them all effectively, so he is looking for a successor.

There is clearly a demand at this location for Mexican food; the current owner is doing $40k/month in gross revenue with relatively little effort. An owner-operator willing to invest the time in active management, advertising and marketing, and operations can take this location to the next level.

Additionally, this location opens late (11am), missing the morning breakfast burrito shift; open on time to catch that crowd. The owner is willing to carry a small note for the right, qualified buyer.

If you’re looking to expand your restaurant operations in Orange County or are a first-time operator looking to enter the industry, this location could be the space you’re looking for. Menu & Name are not included in purchase price. If you are interested in learning more, or have questions, don’t hesitate to contact us today!

Property Information

Real Estate:

Lease

Lease Terms:

$3,245 per month plus $2,772 NNN charges lease ends June 2028 plus has 2-5 years options

Leasehold Rent:

$38,952 per annum

Living Accommodation:

N/A

Location:

It’s in a very good location: a small strip center (only 5-6 stores) with name brand franchise tenants, directly facing several recently built apartment complexes.

Premises Details:

This will be a assets sale with plenty of new equipment being transferred

Size in square feet:
1,355

Business Operation

Expansion Potential:

Need to open longer hours and bring your food concept

Competition / Market:

None around

Reasons for selling:

The owner has multiple businesses across Southern California and is stretched too thin to operate them all effectively, so looking for a successor

Trading hours:

11:00am to 9:00pm

Employees:
3 F/T 3P/T
Years established:
2021

Other Information

Support & training:

Absentee owner but will have employee stay and train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner may carry a note for a well qualified buyer

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$2,000