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Fine Mexican Restaurant Bar & Grill
Location: United States -> California -> Southern California - Los Angeles Area -> El Monte
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Fine Mexican Restaurant Bar And Grill With Full Liquor, Entertainment, Karaoke & Banquet Room

RRC#: IN ESCROW-2213
Asking Price: $149,000
Location: El Monte, Los Angeles, California
Yearly Revenue: $300,000
Yearly Cash Flow: Contact For Info
Monthly Rent: 5650 all included

LISTING DESCRIPTION:
Long established Mexican restaurant with excellent food, bar and license for live entertainment and karaoke. Features two bar areas, main dining room with fireplace, additional private dining room with 20 seats and separate enclosed patio. Seats up to 115. Open for lunch and dinner 7 days a week as well as banquets. Equipment includes: 20 ft. hood, 3 ft. grill, 10 burner stove top, fryer, 2, 6 ft. salad prep stations, 4 ft. prep station, fryer, 6 ft. freezer, single door freezer, 3 door refrigerator, ice maker, walk-in refrigerator, 6 microwaves, soda fountains, ice cream refrigerator, 9 flat screen TV''s. Seller is the landlord. Length of lease is negotiable.

GENERAL INFORMATION:
Organization: LLC | Year Established: 1983 | Current Owner: 2007 | Employees: 6 part time 4 full time | Seating: 115 | Square Footage: 3995 | Parking: parking lot attached | Days Open/Hours: 7 days a week Mon-Sat 10-8:30, Sun 12-9pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $300,000 |

LEASE INFORMATION:
Monthly Rent: 5650 all included | Lease Expiration: 2020 | Yearly Adjustment: 2 to 3% | Lease Option: 2- 5 year | Security Deposit: 5000 |

FINANCING INFORMATION:


Financials

Asking Price Range:  < $250K
Gross Revenues:   $300,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1983
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700239497
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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