Well-established Mexican Restaurant With Full ABC

Well-established Mexican Restaurant With Full ABC RRC#: 4177 Asking Price: $299,900 Location: Antelope Valley Annual Revenue: $1,169,850 Annual Cash Flow: $143,000 Monthly Rent: $18,000 Expiration: 5/22 plus 5-10 year option Listing Description: Located in the fast-growing Antelope Valley, home to some of the nation's largest aerospace companies, this profitable Mexican restaurant with a full ABC license has showcased Old World charm since 2013, while featuring bold flavors of Mexican-inspired classic dishes with an imaginative flair. A wide range of catering options and popular weekend karaoke nights help drive revenues. Customers come to enjoy the spacious dining room or patio, sip a cocktail or wine and sample a unique rendition of delicious cuisine. Easy to park location on a highly visible road. Tenant-friendly lease terms. Equipment includes 18’ hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more. General Information: Organization: Corporation Year Established: 2013 Employees: 8 FT, 8 PT Reason For Sale: Other Interests Financial Information: Monthly Revenue: Contact for Info Monthly Cash Flow: Contact for Info Annual Revenue: $1,169,850 Annual Cash Flow: $143,000 Annual Payroll: $299,546 Facilities: Square Feet: 5,000 Seating: 230 Parking: Public lot Days/Hours of Operation: Mon - Thurs 11 a.m.-10 p.m., Fri/Sat 11a.m.-12 a.m., Sun 9:30 a.m. - 10 p.m. Location: Los Angeles County, California Year Established: 2013 Number of Employees: 8 FT, 8 PT Real Estate: Leased Building Sq. Ft.: 5,000 Facilities: Square Feet: 5,000 Seating: 230 Parking: Public lot