Mexican Restaurant Full ABC Consistently Profitable

Ventura County, CA
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Asking Price:$150,000
Rent:$9,648
Gross Revenue:$1,105,260
Established Year:2014
BUSINESS DESCRIPTION

Mexican Restaurant Full ABC Consistently Profitable

RRC# 4533
Location: Conejo Valley

Description:
Located in the highly desirable and upscale Conejo Valley, this 2,750 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2014, while featuring bold flavors of authentic Mexican dishes with superior quality. A wide range of catering options help drive revenues. Customers come to enjoy the spacious dining room or patio, sip their famous margaritas or wine and sample a unique rendition of delicious cuisine. Nearly 500 top Yelp reviews show what a loyal customer base this eatery has built up. Amble parking in a public lot. Tenant-friendly lease terms. Equipment includes 18’ hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.

For more information please visit: https://www.restaurantrealty.com/listings/4533/

Financial Information:
Monthly Revenue: $92,105
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,105,260
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

General Info:
Ownership: Corporation
Established: 2014
Current Owner: 2014
Employees: 18
Reason For Sale: Retirement
Monthly Rent: $9,648
Expiration: 11/2024 plus 5 year option

Facilities:
Square Feet: 2,750
Seating: 110 + 40 patio
Parking: Public lot
Licenses: ABC, Health permit
Days/Hours of Operation: Sun - Thurs 12P - 9P, Fri/Sat 12P - 10P


DETAILED INFORMATION
Location
Ventura County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,750
Lease Expiration
30/11/2024
Employees
18
Facilities
Square Feet: 2,750 Seating: 110 + 40 patio Parking: Public lot
Reason for Selling
Retirement
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Steven
Zimmerman
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Steven Zimmerman