Mexican Restaurant Full ABC Profitable History
Burbank, CA Los Angeles County
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- RE: Mexican Restaurant Full ABC Profitable History
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $2,110,594 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $332,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 25 | |
| BBN Listing #: | 980049 | |
| Broker Reference #: | 4898 |
Business Overview:
Mexican Restaurant Full ABC Profitable History
RRC# 4898Â Â
Location: BurbankÂ
Description:
Located in the heart of legendary Burbank, this 3,700 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2012, while featuring bold flavors of authentic family Mexican dishes with superior quality. With a warm atmosphere, this establishment is a popular community destination. Live music, including a very in-demand Mariachi band, and tequila tasting events encourage customers to linger as they enjoy their tequila and margaritas. Sunday brunch, and daily happy hours add to a healthy, profitable bottom line. Customers come to enjoy the inviting dining room or spacious patio. This restaurant has received abundant local media attention as a go-to eatery, popular with the local film and television studio employees. Nearly 700 top Yelp reviews show a loyal customer base. Amble parking in a public lot. Tenant-friendly excellent long-term lease terms. Equipment includes hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.
Financial Information:
Monthly Revenue: Contact for InfoÂ
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,110,594Â
Annual Cash Flow: $332,000Â
General Info:
Ownership:Â Corporation
Established: 2012Â
Employees: 2 Full Time; 23 Part TimeÂ
Reason For Sale: Other Interests
Monthly Rent: $5,995Â
Expiration: 2029 plus 5 year optionsÂ
Facilities:
Square Feet: 2,137 + 350 front patio + 1,200 rear patioÂ
Seating: 194Â
Parking: Public lotÂ
Licenses: Health permit, ABC permitÂ
Days/Hours of Operation: Sunday - Thursday 11:30 a.m.-9 p.m.; Friday - Saturday 11:30 a.m. - 10:00 p.m.
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Property Features and Assets:
Facilities:
Square Feet: 2,137 + 350 front patio + 1,200 rear patio
Seating: 194
Parking: Public lot
Licenses: Health permit, ABC permit
Days/Hours of Operation: Sunday - Thursday 11:30 a.m.-9 p.m.; Friday - Saturday 11:30 a.m. - 10:00 p.m.
Market Competition and Expansion:
General Info:
Ownership: Corporation
Established: 2012
Employees: 2 Full Time; 23 Part Time
Reason For Sale: Other Interests
Monthly Rent: $5,995
Expiration: 2029 plus 5 year options
Reason for Selling:
Other InterestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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