Fine Mexican Restaurant Bar & Grill

www.GlobalBX.com

Listing ID: 700239497

Listing Title: Fine Mexican Restaurant Bar & Grill

Quick Link: http://www.globalbx.com/listing.asp?bId=239497

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: El Monte

Asking Price Range: < $250K

Gross Revenues: $300,000

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 1983

Number of Employees: 4 - 5

Business Description:
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:



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