This authentic Mexican restaurant includes the real property, serves breakfast, lunch, dinner and cold beer (41 license)! Their traditional menu includes tacos, burritos, baja plates, and albondigas soup. The reviews speak for themselves – almost 1,000 reviews between Yelp and Google, over 4 -stars. The building is a free-standing neighboring strip center adjacent to a well-traveled name-brand gas station. This outstanding location is high traffic, very visible off the busy street, and conveniently just off several major freeways.
The building features signage on two sides of the building, exposing your promotions to drivers in both directions on their street. The interior is large, welcoming, and well-equipped with new tables and chairs, additional booth seating and a (very underutilized) bar. The kitchen features a large walk-in refrigerator and freezer, hot line with ample cooking equipment, and hood with built-in fire suppression. The building also offers a sizeable, lockable stock room with easy delivery access, additional attic storage space, a gated dumpster out back, and an in-ground grease trap.
It's time for the owners to retire, so they’re taking the first steps by selling their fully-staffed restaurant and building. This is a fantastic opportunity for a Buyer to step into a turnkey restaurant with a 6-figure income, and build long-term equity in the real estate while operating the restaurant! There is plenty of room to grow; the owners are old school and have built their customer base largely by word of mouth. Add a website for the business, actively advertise and market, leverage social media (their presence is minimal and somewhat stale), and add delivery services. In addition, the bar is definitely underutilized; it feels more like a service counter. Install additional flat screen televisions, host sporting events, and apply for a full 47 liquor license to turn the bar into a profit center.
This restaurant and property is a great opportunity; an experienced restaurateur can step in, finance their purchase with a minimal cash injection, acquire a turnkey $100k net income business and highly desirable Southern California commercial property. The building and restaurant will sell as a package, asking $1.149M and $275k respectively, for a total of $1.424M. Act now, this opportunity will sell quickly!