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Los Angeles County, California
Asking Price
$1,250,000
Revenue
$9,000,000
Down
Call/Email
Cash Flow
Call/Email
Name: Jason Tran
Phone: Show phone number
Name
Jason Tran
Phone
Show phone number
Posting ID:
292374
Attributes:
SBA Loan Pre-Qualified
Semi Absentee Run
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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 1,323 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 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 monthly rent for this premium location is $8,030 per month. 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 is retiring.
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