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Absentee Run Busy Authentic Mexican Restaurant for Sale

Modesto, CA
Asking Price:$275,000
Rent:$5,250/Month
Gross Revenue:$1,200,000
Established Year:2018
Listing ID: 2196271Listing provided by BizBuySell
BUSINESS DESCRIPTION

Mexican restaurant with beer & wine License in busy plaza

For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license, and it has 4.6-star, 436 Google reviews. This is the local favorite place for authentic Mexican food especially the Birria. The seating capacity is 32 people. It is 1,600 sq ft. It has a walk-in cooler and an open kitchen with 16 feet hood. 5 ft Heat Controlled gridle over 7ft Chef Base refrigerator. Fryer, 4 Burner, Char boiler, Stock pot & 24” Prep Cooler under the hood. It's a turn-key opportunity. With everything in place, you can seamlessly step into ownership. It's all set for you to continue the legacy of great food and warm hospitality.
Currently averaging over $100K in Monthly Sales (Over $1.2Million in a year).
Average uber, DoorDash(4.6 stars with 10400+ Reviews.) and Grubhub sale orders exceed 40+.
State of the art websites and mobile App
The rent is $5250 with 5 more years left on the current lease and 2, 5-year options available.
Brand New 7.5 Ton AC unit installed. New Ice Machine, Freezer, and sandwich prep cooler. Tortilla machine and burrito presto offer hand made tortilla for tacos and burritos.
2 Restrooms.
4 TV Menu which can be updated remotely.
2 Clover POS system with printers.
Fully operational camera system (16 cameras)
Advanced phone system.
Absentee run - Reason for sale

DETAILED INFORMATION
Location
Modesto, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
18/08/2028
Employees
12
Facilities
16 feet hood. 5 ft Heat Controlled gridle over 7ft Chef Base refrigerator. Fryer, 4 Burner, Char boiler, Stock pot & 24” Prep Cooler under the hood Brand New 7.5 Ton AC unit installed. New Ice Machine, Freezer, and sandwich prep cooler. Tortilla machine and burrito presto offer hand made tortilla for tacos and burritos. 2 Restrooms. 4 TV Menu which can be updated remotely. 2 Clover POS system with printers. Fully operational camera system (16 cameras) Advanced phone system. Walk in cooler, Hot and cold stations All tables and chairs. Current inventory
Competition
Very few good mexican food restaurants in the area. Less competition.
Growth & Expansion
Population of 218069 in Modesto with 43% Hispanic or Latino. Growth potential is very high. This business is surrounded by car dealer ships and other big retail shops. Current business owners have not done any advertising for this business and still manage to do over $100K in Sales. With proper management and advertising, this business can easily make twice the sales it currently does.
Support & Training
2 Weeks training.
Reason for Selling
The owners moved to a different city. Absentee run currently.
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