* Included in Asking Price
Established & Profitable, Fast Casual Mexican Concept w/Strong Catering Sales!
Location: San Mateo County
Don’t miss this opportunity to buy this wonderful existing concept in an ideal high-traffic location. This 950sf, casual, quality Mexican concept is located directly off a major Peninsula freeway and thoroughfare. In addition to the customer foot-traffic within the strip mall and immediate area, the business has extremely strong catering contacts and catering business. The local businesses and nearby college drive a lot of sales to this trusted eatery and catering kitchen.
This great concept previously had three successful locations, which were sold, and this last strong location is prime for a new buyer and operator to continue the success here.
The current lease rate for this space is $4165+NNNs, and an incoming tenant can be assigned a long-term lease. The business is run with approximately six employees and the owner, and produces consistent SDE Profitability. It was doing over $1,000,000 in sales pre-pandemic, and now in 2022 the catering sales have returns and volume and profits are back. Please request a full equipment list for this space and a tour.
*Owner has a Type 47 Liquor License for sale for an additional $100,000.
The future is bright for this concept and location to thrive long into the future!
For more information please visit: https://www.restaurantrealty.com/listings/4388/
Monthly Revenue: $57,026
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Payroll: Contact for Info
Current Owner: 2014
Reason For Sale: Retirement
Monthly Rent: $4,165+nnns
Square Feet: 950
Parking: Parking Lot
Licenses: Owner has a TYPE 47 Liquor License for sale for $100,000
Days/Hours of Operation: 1030am-730pm daily, closed Sundays
|Facilities:||Square Feet: 950
Parking: Parking Lot|
Seller Reference #4388
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