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Kern County, California
Asking Price
$6,200,000
Revenue
Call/Email
Down
20%
Cash Flow
Call/Email
Name: Taj Randhawa
Phone: Show phone number
Name
Taj Randhawa
Phone
Show phone number
Posting ID:
289748
Attributes:
Real Estate Included
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Orange County, California
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Since opening its first restaurant in 1996, Baja Fresh Mexican Grill has featured all-fresh, traditional fire-grilled Mexican favorites, serving the freshest and highest-quality food in bright, clean environments. Food is always prepared by hand from real recipes and real farm fresh ingredients. Baja Fresh believes in real food made with passion. If you too have that passion, here is your opportunity to own a Baja Fresh Mexican Grill franchise at an affordable price! This franchise is located in a highly-desirable, upscale retail center, in one of the most affluent communities in Los Angeles County! Established in 1996, this 1,300 square foot restaurant seats 30 inside and 30 outside, and is operated by 2 full-time and 8 part-time employees. Many of the customers are from the adjacent movie theater and mall, as well as from the nearby office buildings and affluent residential community. This particular Baja Fresh is considered a 'legacy franchise.' and has the privilege of having a 4 percent royalty fee, compared to 5 percent charged to most other Baja Fresh franchisees. The marketing fee is an additional 1 percent. As for potential competition, there is virtually no other Mexican food available within the immediate center or in the adjacent mall, and the nearest Mexican restaurants are approximately 3 miles away. The sales over the last couple of years have declined due to the slowing down of the general economy. However, there is a huge opportunity for a working owner to improve the sales, costs and local marketing. The owner feels that once the economy improves, and the local large businesses start hiring again, sales will definitely improve. The owner is selling because he recently bought out his partner, and he lives too far from the franchise. This opportunity won't last! Make an offer now! Owner is motivated!
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