Businesses For Sale

Business Type: 
Mexican Restaurant
Location: 
South Orange County
Asking Price: 
$295,000
Listing #: 
PCBB #346
Gross Sales: 
$1,208,913
Cash Flow: 
$130,924
Summary: 
Established in 1991, and under the original family ownership, this very recognizable Mexican Restaurant has been serving up breakfast, lunch, and dinner in a casual atmosphere to customers from near and far from their South Orange County location. There is a vast selection of fresh, made to-order offerings ranging from huevos rancheros and breakfast burritos to authentic fish tacos, tortilla soup, fajitas, enchiladas, and quesadillas. One of the real specialties is the home made tortilla chips and guacamole which is one of the restaurant trademarks. The restaurant is 3,682 sq ft and there is a large dining area and a large portion of the business is take out. The lease is for 5 years with a 5 year option. The sales over the last 4 years have consistently been in the $1.2 million range and the books and records are very clean. The 3 year weighted average of SDE is $159,000. The business is being offered due to the owners health issues but this is a true family success story with the restaurant is now operated by the second generation. Opportunities like this are very rare when you have such a recognizable family restaurant under the ownership since inception with great food and very loyal customer base. General Information Facilities: Located in a South Orange County community with strong demographics. Lease is for 5 years with a 5 year option. Space is 3,682 sq. ft with ample parking. Growth and Expansion: The owners have created a tremendous amount of goodwill over the years and the restaurant has an excellent reputation and real authentic Mexican Food so a new owner will enjoy all of these great benefits. A new owner may be able to add beer & wine to the menu. Support/Training: Training will be provided Terms: Cash Reason Selling: Owners health Year Established: 1991 Employees: 16-part time Contact Information Contact: Gregg Tobin Phone: 949-546-0903 Email: info@pacificcoastbusinessbrokers.com