Profile: Established Authentic Mexican Restaurant.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Tricia Bernhardt, Broker
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| Primary Phone: |
916-482-7979 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/19/09 |
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| Date Last Revised: |
11/19/09 |
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| BizBen Ad #: |
148347 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$139,000 |
| Down Payment: |
$79,000 |
| Annual Revenue: |
$350,000 |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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This Popular Mexican Restaurant Has Been Operating Under The Current Ownership Since 2003. This Restaurant Has A Great Reputation For Serving Authentic And Fairly Priced Mexican Food In A Comfortable Setting. The Restaurant Draws Customers From The Affluent American River Canyon Neighborhood, Folsom, Orangevale, And Beyond. The Owner And Family Members Make Up Much Of The Staff, And The Owner Has Decided To Relocate Outside Of The Area. Therefore The Restaurant Is Available For Sale. Recipes And Training Are Included In The Purchase. The Restaurant Has A Good Balance Of Sales, With About 40% Lunch And 60% Dinner Business. Most Of The Customers Dine-In But There Is Also A Small Amount Of Take-Out And Catering Business, Which Can Be Further Developed.
Down Payment 75,000. Note To Seller For A Qualified Buyer 64,000 Payable @ 1533 Per Month For 48 Months At 7%
2550 SF. Lease Iss 3866 Per Month. Expires 2012 With Two 5 Year Options.
Includes Beer & Wine License. Two Weeks Training At 40 Hours Per Week.
Open Daily 11:00 AM - 9:00 PM.
1 Owner Works Ft. 15 Pt Employees, Mostly Family Members.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Tricia Bernhardt, Broker at 916-482-7979 Non Disclosure Agreement |
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