Profitable Mexican Grill Franchise for sale

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Profitable Mexican Grill Franchise for sale
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $822,885

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,900 /Month

Established: 1979

Profitable Mexican Grill Franchise for sale

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Business Description

Profitable, Turnkey, Organized,  Well Known Mexican Grill Franchise. Selling As Is.  Been in business for 40 years. Started 1979. Great Location off of Major Boulevard in Los Angeles. Current Owners for Five Years.  Relocating out of State. Absentee Owners. Wonderful Menu. Excellent Reviews. Sq. Footage 800 sq. ft.  Monthly Lease Rent $4,900 plus CAM of $400. Total Rent & CAM is $5,300 a month. Lease up December 2019 and  has New Lease for five Years and ends Dec 2024. Has 5 year option.

Comes Complete with FFE-furniture, fixtures, equipment, inventory at cost, store training. 6 Week Franchisor Training. Non-Compete.

Royalties are 5% and 1% national. Transfer Fee $5,000. Great Menu. taco Baskets, Fish, Beef, Shrimp, Salads, Platters, Burritos, Drinks and More. Has installed a lot of new equipment also.

Has website with Franchisor. Very Popular for Eat In, Take Out. Has tables and chairs in side and some tables outside.

New Office and Apartment Complexes near by and multi family units going up near by. At Least 600 units.

This is ideal for a buyer who wants to operate as a family, restaurant or entrepreneurial type or individual with desire to own a fabulous Franchise.

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
9 Employees
Facilities:
800 sq. ft. leased space
Financing:
Seller or Third Party Financing may be available for a qualified buyer
Support & Training:
Seller & Franchise will provide training
Reason for Selling:
Relocation out of state
Franchise:
This business is an established franchise
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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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