Fast Casual Latin Cuisine in an Ideal Location!

Yorba Linda, CA (Orange County)

Fast Casual Latin Cuisine in an Ideal Location!
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Asking Price: $85,000

Cash Flow: $60,000

Gross Revenue: $384,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Fast Casual Latin Cuisine in an Ideal Location!

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Business Description

DESCRIPTION:
With several major anchor tenants, this delectable family run venue is located in a premiere outdoor shopping center and hub. This location has a loyal following of local residents from this upscale community, and is known for its mouthwatering unique Latin cuisine, making memorable eating experiences. Many signature items are served here and with the right marketing campaign, this venue will be hitting financial targets easily. And boasting a colorful and modern design, there is little a new buyer will have to invest in, as this restaurant is primed and ready for a committed turn-key buyer.

Established for 5 years with a loyal, regular customer base, pride in ownership is easily appreciated here. Additionally, this one has many stellar Yelp reviews at 4 out of 5 stars, making this a popular place for all locals and newcomers. The business has many opportunities for a new Owner to streamline revenue to the bottom line (i.e. Labor, Marketing, and Misc. Expenses). Current owners are looking to transition into retirement. They are including the Brand and all recipes in the transaction.

LEASE
Monthly Rent: $3,617 including CAM
Expiration: July 31, 2019
Options: New Lease
Deposit: TBD

BUILDING INFO.
Square ft.: 1200
Patron capacity: 32
Patio: Shared
Hours of Operation: Daily 11am-9pm

OPERATIONS
Years established: 5
No. of employees: 3 FT 6 PT
Monthly payroll: $13k/mos.
Absentee run: Semi-Absentee
Franchise: No

Lease
Monthly rent: $4,657 including cam
Expiration: July 31, 2019
Options: new lease
Deposit: tbd

Building info.
Square ft.: 1200
Patron capacity: 32
Patio: shared
Hours of operation: daily 11am - 9pm

Operations
Years established: 5
No. Of employees: 3 ft 6 pt
Monthly payroll: $13k/mos.
Absentee run: semi-absentee
Franchise: no

Proforma analysis
Sales $32K/mos
Rent: $4657
Labor: $9600 (industry standard 30%)
Cog: $9600 (industry standards 30%)
Misc. $3200 (10% for credit cards, utilities, repairs)
Net income potential $5000K/month or $60K/year (if ran at industry standards)
ADDITIONAL INFORMATION:
PRICE: Call for pricing. Submit offers to Rafael@PacificRB.com with Proof of Funds, or call (949) 424-0304

Listing #19030RG

Detailed Information

Location:
Yorba Linda, CA
Business Website:
http://www.pacificrestaurantbrokers.com/
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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