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For Sale: Mexican Restaurant - Absentee Run - East Los Angeles

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Current Status: Active     Posting #: 253568     Last Refreshed: 7/2/19    
Contact: Michael Raad At 626-204-2319  -  Also Email This Contact Below
Price:  $45,000     Down:  $45,000     Adjusted Net:  Call     Revenue:  $290,000    
Business Address:  None Given     City:  East Los Angeles     Zip:  None Given    
Attributes:  Absentee Run, Training & Support     Cooperation With Brokers?  No

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  Description About This Posting: Mexican Restaurant - Absentee Run
Located in a fairly new shopping center (built 2014) on a main Blvd. It borders Montebello city in the midst of residential and commercial area. The restaurant was built one and a half years ago from scratch. Has a high ceiling, all equipment is new with plenty of parking spaces. This venue is 1,671 SF, and a capacity for 42 patrons. Rent is $4,300/Mo fixed for the next 3 and a half years plus 5 years option.

It has a full kitchen, a hood, double flat stove, a grill, 2 fryers, a gas burning stove, large walk-in- cooler, salsa bar, soda machine, sandwich bar, P.O.S system grease trap, and one bathroom. This business is 100% help run, has 4 full time employees, opens 6 days 9:00 - 11:00 with lots of take-out customers.

New buyer can maintain same concept or convert to any type of cuisine: Vietnamese, Thai, Korean, burger shop etc. This business opened only a tear and a half ago, was never advertised, and hasn't reached its potential yet. There is a great room to grow especially if run by an owner operator, or as a family business. All equipment, furniture and fixtures are included in the sale price.

Seller owns 5 other restaurants that are far from this location which makes it hard to manage.Act today it will not last long.

To get more information about this Mexican Restaurant - Absentee Run business for sale in East Los Angeles please phone Michael Raad (Broker) at 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #253568 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, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Mike Brewer: Liquor License Brokers, ABC Consulting Services

Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.

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Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Helen Yoo: Escrow & Bulk Sale Services - Southern California

New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.


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