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Santa Clarita

  • Listing No.: 130-20148

  • Category: Food - Restaurant

Asking Price $390,000
Down Payment $390,000
Gross Revenue $1,200,000
Total Adjusted Net Income $200,000
Equipment / Fixtures $390,000
Year Established 2017
General Location Santa Clarita
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Established Mexican Restaurant in the Santa Clarita area featuring over 6,500 square feet with an outside dining patio. This asset sale is located inside a busy strip mall on a highly trafficked road, currently operating as a Mexican Restaurant with a separate Full Bar, ABC-47 License, Entertainment Permit for Karaoke/Mariachi and a Catering Permit. Restaurant can be kept as-is or converted to another concept that does not compete with the other tenants in the center. It has been a local favorite, fully remodeled and upgraded. Seller has other businesses outside the area, so this is a great opportunity for a qualified operator to grow sales immediately. Opportunities like these will not last long! Email now for more details: apapa@fcbb.com. 

Gross Revenue $1,200,000 Listed Price $390,000
Total Income $200,000 Down Payment $390,000
Base Rent $12,343 Square Feet 6672
Total Rent $14,412 Lease Expiration 05/2024
Rent Deposit $12,343 Lease Options 2/7 years
Inventory $20,000 Leasehold Improvements $600,000
Equipment / Fixtures $390,000 Other Assets
Full-Time Employees 10 Training Period
Part-Time Employees 5 Special License Required Type 47, Catering Permit & Entertainment License
Contract Staff Reason for Selling Other business interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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