Mexican Restaurant Full ABC Profitable History
| Asking Price: | $750,000 |
| Gross Revenue: | $2,110,594 |
| Established Year: | 2012 |
| Cash Flow: | $332,000 |
| Rent: | $5,995/Month |
Mexican Restaurant Full ABC Profitable History
RRC# 4898
Location: Burbank
Description:
Located in the heart of legendary Burbank, this 3,700 square foot Mexican restaurant with a full ABC license has showcased Old World charm since 2012, while featuring bold flavors of authentic family Mexican dishes with superior quality. With a warm atmosphere, this establishment is a popular community destination. Live music, including a very in-demand Mariachi band, and tequila tasting events encourage customers to linger as they enjoy their tequila and margaritas. Sunday brunch, and daily happy hours add to a healthy, profitable bottom line. Customers come to enjoy the inviting dining room or spacious patio. This restaurant has received abundant local media attention as a go-to eatery, popular with the local film and television studio employees. Nearly 700 top Yelp reviews show a loyal customer base. Amble parking in a public lot. Tenant-friendly excellent long-term lease terms. Equipment includes hood, walk-in refrigerator, walk-in freezer, ice machine, full bar equipment, POS system and much more.
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,110,594
Annual Cash Flow: $332,000
General Info:
Ownership: Corporation
Established: 2012
Employees: 2 FT; 23 PT
Reason For Sale: Other Interests
Monthly Rent: $5,995
Expiration: 2029 plus 5 year options
Facilities:
Square Feet: 2,137 + 350 front patio + 1,200 rear patio
Seating: 194
Parking: Public lot
Licenses: Health permit, ABC permit
Days/Hours of Operation: Sun-Thurs 11:30 a.m.-9 p.m.; Fri-Sat 11:30 a.m. - 10:00 p.m.
