Loading…

For Sale: Mexican Restaurant - Absentee Run, Good Location - Modesto, California

$439,900.00

Asking Price

  • Address: Modesto, 95356.

  • Status: Active

  • Posting ID: 286054

  • 5/22/24

Modesto Mexican Restaurant - Absentee Run, Good Location Business For Sale
Mexican Restaurant - Absentee Run, Good Location Company For Sale

Description

For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license, and it has 4.6-star, 436 Google reviews.

This is the local favorite place for authentic Mexican food especially the Birria. The seating capacity is 32 people. It has cheap rent of only $5,250.  It is 1,600 sq ft. It has a walk-in cooler and an open kitchen with 16 feet hood. 5 ft Heat Controlled gridle over 7ft Chef Base refrigerator. Fryer, 4 Burner, Char boiler, Stock pot & 24” Prep Cooler under the hood. It's a turn-key opportunity. With everything in place, you can seamlessly step into ownership. It's all set for you to continue the legacy of great food and warm hospitality.

Currently, our business is achieving monthly sales averaging over $100,000, equating to over $1.2 million annually.

We maintain an impressive track record across multiple platforms, with Uber, DoorDash (rated 4.6 stars with over 10,400 reviews), and Grubhub, consistently exceeding 40 orders on average.

Our establishment boasts state-of-the-art websites and a mobile app for seamless customer interaction.

Regarding the lease, the rent stands at $5,250 per month, with five years remaining on the current lease and the option for two additional 5-year extensions.

Recent enhancements include the installation of a brand-new 7.5-ton AC unit, along with new additions such as an ice machine, freezer, sandwich prep cooler, and a tortilla machine offering handcrafted tortillas for tacos and burritos.

Facility amenities feature two restrooms, and a dynamic four-TV menu system that can be updated remotely.

Operational efficiency is ensured with two Clover POS systems equipped with printers, a fully functional 16-camera surveillance system, and an advanced phone system.

Situated in Modesto with a population of 218,069, boasting a 43% Hispanic or Latino demographic, our business enjoys a diverse and vibrant market.

The potential for growth is significant, as our location is surrounded by car dealerships and other major retail establishments. Despite minimal advertising efforts, our current sales surpass $100,000, indicating the potential to double revenue with effective management and marketing strategies.

To get more information about this Mexican Restaurant - Absentee Run, Good Location business for sale in Modesto please phone Ben - BRE License #:01827760 at 916-704-5333 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286054 on BizBen.com. In addition to phoning Ben, make sure you email Ben above to get more info about this Mexican Restaurant - Absentee Run, Good Location, to ask any questions or request an appointment to see this business for sale. Thank you.

Show more

Contact

  1. Name: Ben
  2. phone iconPhone: 916-704-5333

Details

  1. Asking Price: $439,900.00

  2. Down: Call/Email

  3. Cash Flow: Call/Email

  4. Revenue:    $1,000,000.00

  1. Area: Modesto

  2. City: Modesto

  1. Attributes:

    Broker CooperationAbsentee RunFor Sale By OwnerLicense (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 Ben 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