Loading…

For Sale: Mexican Restaurant & Bar - Full Liquor, Est 40 Yrs - Riverside County, California

$375,000.00

Asking Price

Riverside County Mexican Restaurant & Bar - Full Liquor, Est 40 Yrs Business For Sale

Description

For sale is an extremely attractive Mexican family restaurant with full liquor and a community favorite for over 40 years! They are offering an incredible lease through 2042, with only 2% annual increases every five years. An expansive remodel was completed in 2022 with new equipment, flooring, fresh paint, new booths, tables and chairs, plus a state-of-the-art sound system and mood-enhancing lighting throughout. Some features include a host area, an inviting bar with a dining area, and two large main dining rooms; one can easily be used for private parties with stunning original artwork.

The kitchen would please the most demanding chef and is equipped for super high volume with a large, hooded cook line & kitchen, separate prep kitchen, wait staff prep area, separate dishwashing area, large storage room and large office. It boasts good reviews across the board. This is a highly visible location with ample parking and easy delivery access to the kitchen, and is perfect for a high-volume operator. This restaurant was previously occupied by a national chain operator.

The 6,000 sq. ft. building was completely remodeled in 2022 and offers seating for 110 people. The staff comprises 25 employees, including one manager and one assistant manager. The owner works approximately 4 hours a day. They are open Monday-Friday, 11 AM to 9 PM, Saturday & Sunday, 10 AM to 9 PM.

The rent is $14,500 monthly rent with triple net charges. The lease expires in 2032 with two additional 5-year options to extend. Rent increases are 2% every five years.

Equipment and fixtures include a hooded cook line, walk-in cooler, walk-in freezer, stacking convection ovens, 2 grills, 3 kettle burners, 4 burner stove top, 2 heated prep stations, 2 cold prep stations, low boy freezer, chilled salsa bar, chip warmer, coffee maker, ice tea maker, soda fountain, mixer, robot coupe, POS system, all booths, tables, chairs, glassware, flatware, dinnerware, pots, pans, utensils, POS system, cup & glass racks, lockers, security system, sound system.

The bar area includes 2 kegerators, 4 door undercounter refrigerators, a bar well, 3 TVs, an ice maker, a blender, and liquor storage.

2023 Revenue is $1,551,653;  2023 Income is $152,245.

Listed for $375,000

To get more information about this Mexican Restaurant & Bar - Full Liquor, Est 40 Yrs business for sale in Riverside County please phone Teri Craft (Agent - BRE License #:01345105) at 626-864-4446 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #283656 on BizBen.com. In addition to phoning Teri Craft, make sure you email Teri Craft above to get more info about this Mexican Restaurant & Bar - Full Liquor, Est 40 Yrs, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01345105. Berkshire Hathaway Commercial.

Show more

Contact

  1. Name: Teri Craft
  2. phone iconPhone: 626-864-4446
  3. phone iconPhone: --

Details

  1. Asking Price: $375,000.00

  2. Down: Call/Email

  3. Cash Flow: $160,435.00

  4. Revenue:    $1,232,233.00

  1. Area: Riverside County

  2. City: None Given

  1. Attributes:

    Training & SupportLicense (Liquor, etc.)

My Notes About This Listing

1000 Character Limit. Write notes about this posting above. Just a reminder, your changes are not saved until you click the Save My Changes button.
Related Links & Information Regarding This Posting

Email Teri Craft Below About This Posting


Today’s Featured Businesses, Franchises, Opportunities For Sale On BizBen

Featured Resources, Advisors, & Intermediaries

Popular Blog Posts & Articles On BizBen Today

Popular Discussion Posts On BizBen Today