Profitable Restaurant in Whittier for Sale! True, Rare Opportunity.

, California 9 views 0 favorites

Financial Highlights
Asking Price
$199,950
Revenue
$360,000
Business Description

Don't miss this opportunity to own a profitable, successful Mexican restaurant. Business does very well currently serving only breakfast, lunch and catering. Opportunity exists to increase sales revenue and net income: 1) Open 7 days – the restaurant currently opens Tuesday to Saturday and closes Sundays and Mondays. 2) Extend the business hours to cover dinner rush – Currently business opens 9AM to 3PM. 3) Add beer and wine sales – Currently no alcohol sales due to personal beliefs. 4) Add online ordering and delivery services – Currently does not use any 3rd party app delivery services. 5) Open for Holidays – Currently closes 15 days in December, New Years, Thanksgiving, etc. 6) Add marketing to increase sales – Currently does not advertise at all. 7) Increase catering sales with corporate accounts – Currently catering sales is growing purely by word-of-mouth marketing and referrals. This business is running smoothly without any issues. Seller is selling business because they are currently commuting over 2 hours per day. Seller will train new owner or ask me if you’re interested in changing the concept. Location: Whittier, California Year Established: 2002 Real Estate: Leased Building Sq. Ft.: 1,800 Rent: $3,500.00 Per Month Facilities: The restaurant is 1,800 SF total. The dining room is 900 SF with 1 restroom. The kitchen is approximately 450 SF. The restaurant and kitchen is clean and well-maintained. Equipment include one 2-door True Freezer, one 3-door refrigerator, and two 2-door refrigerators. The kitchen has 10-foot Ansel hood system for the stove, griddle top, and fryer. This purchase comes with many other equipment needed in any typical restaurant. The AC unit was replaced within the last 5-years. This facility is in great condition to create any types of food. Market Outlook/ Competition: The Whittier market is great for restaurants. Mexican food is very popular with the neighborhood, but this location can work with many different concepts. Growth & Expansion: The restaurant is primed for growth in sales revenue and net income. Restaurant has tremendous goodwill and public demand. If the business opens 7 days/week and opens for dinner service the sales will double. Adding beer & wine will also add considerable revenue and profit. Advertising to local companies for catering services will greatly impact the sales numbers.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 days ago

Views: 9

Favorites: 0