High Volume Mexican Dining

Cambria, CA (San Luis Obispo County)

Popular restaurant, eclectic menu, strong numbers

Asking Price:$239,000

Cash Flow:$200,000

Gross Revenue:$850,000

EBITDA:N/A

FF&E:$50,000

Inventory:$23,000*

Lease Rate/Sq. Ft.:N/A

Established:2002

*not included in asking price.

High Volume Mexican Dining

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Business Description

Established, operating, profitable, excellent location, superb condition, quality FFE , successful concept, destination restaurant and many happy customers.
A popular restaurant with full kitchen on the beautiful Central Coast and large dining deck The FFE Includes security cameras and computer & software that supports the business operations. The leasehold improvements include 2 hood systems and walk in as well as sinks, bar and over $90K in leasehold improvements to the space. Dishwasher is the only leased equipment with vendor rebates by Sysco. Current marketing in place includes social media professionally submitted ,custom website, FB page, newsletters and customer emails. There is music regularly on Sunday and Thursday evening.The business has a track record for catering service to fund raisers and rehearsal dinners for up to 50 people on the deck.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This well designed restaurant of approximately 4000 square feet Plus outside patio/deck in the heart of downtown West Village can be yours. Seating capacity is approx 65 inside and approx 60 outside. There are quality and distinctive leasehold improvements with a Mexican rustic flavor ,custom light fixtures open light ambiance which is a perfect space for full service or casual fast concept. Inside dining room is bright and cheerful on a premiere downtown street. The enclosed rear patio is inviting. Fully equipped and efficient kitchen with two hood systems. There is a 6 ft hood in the prep area and an 10 ft hood in the main kitchen. 2 ADA bathrooms. Type 47 full liquor license ca be purchased for $189,000. Currently liquor sales are approz. 30% of the gross income.Plentiful street parking as well as public lots near by.
Growth & Expansion:
Currently liquor sales contribute approx 30% of gross sales. The Type 47 Full Liquor license can be sold for an additional $189K. Type 47 Full Liquor licenses are limited in San Luis Obispo County. They currenlty sell between $175K And $200K.
Reason for Selling:
Retirement
Business Website:
http://lascambritas.com

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Antoinette Payne

Business Listed By:
Antoinette Payne

Pacific Coast Brokers, Inc

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