Established & Profitable Rosedale Mexican Restaurant

Edward, CA (Kern County)

Mexican Restaurant
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Asking Price: $124,900

Cash Flow: $42,216

Gross Revenue: $404,138

EBITDA: N/A

FF&E: $45,000

Inventory: $5,000*

Rent: $2,740 /Month

Established: 1990

*not included in asking price.

Established & Profitable Rosedale Mexican Restaurant

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Business Description

Excellent high traffic location in Rosedale, Ca. Business has been established for 28 years. Owners want to retire after 20 years. Sales are consistent and the business is reflecting a positive cash flow. Buyer will need to review financials prior to opening escrow. Business is open only 6 days a week. Sales can be increased by opening on Sunday and starting a breakfast menu.

This is an excellent restaurant for the price. Note, that rent is month to month and a lease will have to drawn with a new buyer. Rent is low for the area at only $2,740 per month including cam.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
2 FTE, 5 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,000 sq. ft. leased space
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Contact the Seller

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John Willingham, CBI, CCIM

Business Listed By:
John Willingham, CBI, CCIM, DRE #556588

Sunbelt Business Advisors

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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.

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