Mexican Grill in Redwood City-El Camino

Redwood City, CA (San Mateo County)

Mexican Grill in Redwood City-El Camino

Asking Price:$245,000

Cash Flow:N/A

Gross Revenue:$360,000

EBITDA:N/A

FF&E:N/A

Inventory:$2,000*

Established:1996

*not included in asking price.

Mexican Grill in Redwood City-El Camino

Get Financing Save Print Share Valuation Report

Business Description

Asking Price: $245,000 plus $2,000 inventory
Gross Revenue: $30,000/month
Building: 900 square feet
Rent: $920 including NNN
Lease: 5 year + 5 year option
This Mexican Grill is getting great reviews on Yelp and is located right on El Camino with plenty of parking directly in front of the store. With a major anchor store on the corner in this well-kept strip mall with mom & pop stores and only $920/month rent including NNN, this is a great little place. The restaurant boasts of a 12’ Hood, 4 Burner Grill w/Oven, Freezer low profile 2 Door, Walk-in Box, Reach-In Cooler, Steam Table, Grill, Fryer, Compartment and Prep sinks and everything else in place to run a successful business. With seating for 20 on the inside and seating for 4 on the patio, 1 Full Time and 3 Part Time employees keep this place rolling. Since 2007 this restaurant has been run by the current owner and they have turned it into a very successful Taqueria.

GENERAL INFORMATION
Organization: Sole Proprietor | Square Footage: 900| Licenses Required: ABC Type-41, Health Permit, City Business Lic., SBOE Permit | Days Open/Hours: 8:30am to 9:30pm | Reason for Sale: Other Business Interests

REVENUE
Gross Sale: ~$30,000/month

LEASE
Rent: $920/month includes NNN | Lease: 5 year + 5 year option

FINANCING
All Cash

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
1ft/3pt
Facilities:
For more details, please complete, sign & return the NDA. Mission Peak Brokers, Inc. We obtain the information in this marketing package from sources we believe to be reliable. However we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
Reason for Selling:
Other Business Interests

Listing Statistics for Premium Members

Ad#:1245899 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

HARRY SIDHU

Business Listed By:
HARRY SIDHU

MISSION PEAK BROKERS INC.

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings


Teriyaki Madness

Franchise Opportunity
Capital Required: $400,000