For Sale: Mexican Restaurant - Absentee Run, Asset Sale - Long Beach, California


Asking Price

  • Address: 940 Pine Ave, Long Beach 90813, Long Beach, 90813.


For sale is a prime location on a major boulevard. This is a well-established business, with large signage and full exposure. The building size is 1,500 SF, rent is $3,450/MO, and gross sales are $54,166/month. They have an absentee owner and the business is run by full-time and 1 part-time employee with a payroll of $18,463/month.

It has a hood, a 1,500-gallon underground grease trap, and fully equipped kitchen (stove, griddle, char broiler, deep fryer, freezer, 3-door refrigerator, sandwich table, and a fridge). The seating capacity is; 36 patrons inside and 4 outside. It opens 6 days a week from 11:00 am and 7:00 pm and has 10 parking spaces plus the side street. This venue is a destination for people who appreciate authentic Mexican dishes and seafood.

There is a major potential to grow with longer hours and proper management. New buyers can keep the same concept or convert to any type of cuisine; Thai, Chinese, Mediterranean, Pizza, sandwich shop, or a franchise. This is an asset sale. All equipment, furniture, and fixtures, except the name are included in the sale. This opportunity is most convenient for an owner /operator, a family-run business, or an investor. Seller motivated, priced low for a fast sale.

To get more information about this Mexican Restaurant - Absentee Run, Asset Sale business for sale in Long Beach please phone Michael Raad (Broker - BRE License #:00984305) at 626-215-4563 Cell and 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281558 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Mexican Restaurant - Absentee Run, Asset Sale, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00984305. Century 21 Golden Realty.

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  1. Name: Michael Raad
  2. phone iconPhone: 626-215-4563 Cell
  3. phone iconPhone: 626-204-2319


  1. Asking Price: $75,000.00

  2. Down: $75,000.00

  3. Cash Flow: Call/Email

  4. Revenue:    $650,000.00

  1. Area: Long Beach

  2. City: Long Beach

  1. Attributes:

    Broker CooperationAbsentee RunSemi-Absentee RunTangible Assets Sale Only

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