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For Sale: Mexican Restaurant - Ventura County


Current Status: Active     Posting #: 257240     Last Refreshed: 5/31/20    
Contact: Steve Zimmerman At 415-945-9701  -  Also Email This Contact Below
Price:  $279,000     Down:  Call     Adjusted Net:  $114,000     Revenue:  $848,000    
Attributes:  Training & Support     Cooperation With Brokers?  Call

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  Description About This Posting: Mexican Restaurant
Mexican Restaurant with ABC Family Run for 32 Years

RRC#: 3473
Asking Price: Offered At $279,000
Location: Ventura County Annual Revenue: $848,000
Annual Cash Flow: $114,000
Monthly Rent: $4,800

Listing Description:
Located in the heart of the quaint town of Ojai, surrounded by the vineyards and mountains of the beautiful Santa Ynez Valley, this consistently profitable Mexican restaurant showcases Old World charm, while featuring bold flavors of Mexican-inspired classic dishes with an imaginative flair. Customers come to enjoy the cozy dining room or patio, sip a cocktail or wine and sample a unique rendition of delicious cuisine. Easy to park location on a highly visible road. Full ABC license and tenant-friendly lease terms. This rare gem of a restaurant opened its doors in 1987. Retiring seller is willing to entertain offers for sale of property as well. Equipment includes 10'n hood, three-door refrigerator, freezer, four burner range, deep dryer, POS system, prep tables and much more.

General Information:
Organization: Corporation
Established: 1987
Current Owner: 1987
Employees: 11
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $71,000
Monthly Cash Flow: $9,500
Annual Revenue: $848,000
Annual Cash Flow: $114,000
Payroll: $24,000

To get more information about this Mexican Restaurant business for sale in Ventura County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #257240 on BizBen.com. In addition to phoning Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this Mexican Restaurant, to ask any questions or request an appointment to see this business for sale. Thank you.

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