Popular Mexican Restaurant with Liquor License

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Restaurants & Food Businesses for Sale

  • Primary Category: Mexican Restaurants for Sale

Restaurants that stand out among competitors adapt to consumer preferences like healthier foods and creative food offerings, online presence, tablets and smart phone access.  This is something that can be used to grow this type of business.

Rising disposable income will fuel demand in the future for upscale dining.  This restaurant already possesses an authentic Mexican style dining room. The restaurant's current inventory includes a wide variety of quality wines, which can be purchased as inventory in the sale.  These amenities make this restaurant stand out in the local area.

Inventory is not included in the price and will be added to the list price upon inventory count by both the Seller & 
Buyer

Financial Information

  • $425,000 Asking Price
  • On request Cash Flow
  • $1,275,932 Gross Revenue
  • On request Down Payment
  • Yes Financing

Business Location

  • City: Bakersfield
  • State: California

Financing Comments

  • Seller will consider some financing fora qualified buyer

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1984
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: $5,640
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2820
  • FF&E Included?: Yes
  • FF&E Value: On request

Training/Support

  • Seller will negotiate a transition period

Facilities

  • Lease: 9/1/2024 through 8/31/2027. $5,640/month, Non-transferable.  Broker has a relationship with the lessor to negotiate a new lease.

Market Outlook/Competition

  • Market Share Nationwide: The largest is Casual dining $46.2bn. IBIS World, Aug 2024. Business Concentration: Top two in U.S. is California and Texas. IBIS World, Aug 2024. Key External Positive Drivers: Consumer Spending, Consumer Confidence index, Number of immigrants. Industry Structure Life Cycle: GDP expects long-term growth Performance Snapshot: 2024 1.2% growth Forecasted revenue: 2024-2029 2.4% IBIS World, Aug 2024.
Business Listed by
image of Carol Bennett
Carol Bennett
Sunbelt of Bakersfield
Email Carol
Show Phone Number
Listing ID
BAKERCA001-56252
License Number
DRE 01186310

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