Very Popular Franchise Mexican Restaurant

Sacramento County, CA

Seller Financing Available
Very Popular Franchise Mexican Restaurant
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Asking Price: Get Financing: $349,000

Cash Flow: $110,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 1997

Very Popular Franchise Mexican Restaurant

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Business Description

Well Established Location For Over 20 Years

This location is a very profitable and popular Mexican Franchise Restaurant established for over 20 years. This was one of the very first locations for this Franchise brand which now has close to 200 restaurants including national and international locations. This location has been completely remodeled recently with the owners spending over $250K on remodeling and now it looks like a brand new location with a lease renewal of 10 years and franchise agreement renewal for 10 years as well, so for new owners it will be a complete turn key operation without worrying about any major expense down the road. The current owners added alcohol license and the location now sells beer, wine and Margaritas. Sells are increasing consistently after the remodel and projected to cross $1 Million in yearly sales this year. It's a perfect location situated in the food court of one of the busiest shopping centers in the area and is the anchor site in the food court with busy foot traffic from many hotels, residential housing, schools & college, apartments, and local businesses. It's very close to the main freeway, banks, and hospitals. The franchise fee is only 2.5% and there is a well established and loyal customer base for eat-in /take out / online orders as well as very strong catering business. There are loyal patrons who are regular and frequent customers and have been eating at this place for over 20 years. The restaurant space is 2400 SQ FT. with seating for around 60 people. Seller Financing Available for Qualified Buyers.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
12/28/2027
Employees:
15
Competition:
Situated in a prime location with a lot of room for growth as the Brand is very particular in whom to give the franchise, so very selective locations are granted by the brand.
Financing:
Seller Financing Available For Qualified Buyers
Support & Training:
Training available for Potential Buyer both from the Seller and the Brand.
Reason for Selling:
Seller is Moving to Another Country
Franchise:
This business is an established franchise
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Business Listed By:
Andy Taylor

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