Listing Number: 16754-569838
Description
This well-established (NON-FRANCHISE) Mexican restaurant in Kern County, CA presents a prime opportunity for a buyer looking to acquire a profitable, turnkey operation. With over 28 years in business, this restaurant has a loyal customer base, known for its vibrant ambiance and authentic cuisine. Situated on a multi acre lot with an 8,877+ sq. ft. building, the restaurant benefits from high visibility along a major roadway with high daily traffic.
Commercial Real Estate is Available for purchase. Certified Appraisal completed in October 2024. Appraised value is $3,250,000. Appraisal is available upon request and with approval from the owner once the buyer has had their first meeting with seller.
Key Investment Highlights:
- 2.18 Acre parcel with 150+ parking spots – Real Estate Available
- 8,877+ sq. ft. building featuring a dining area, full bar, and entertainment room
- High Traffic Visibility with prominent signage
- Consistent Yearly Revenues and Strong Cash Flow
- Low owner involvement, with a Skilled Operational Team in Place
- 28-Year History serving the community
- Trademarked branding and Effective Marketing Strategy
- SBA Pre-Approved for financing options
- Full Alcohol License
- 4+-star Google rating with 100s of positive reviews
- Multiple revenue channels: Dine-in, Take-out, Delivery, Catering
Licenses & Permits:
Alcohol License (Type 41)
Health Department Permit
Sales Tax Permit
Listing Details
- Price: $1,250,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $455,687
- Total Sales: $2,001,565
- Location: Kern County, California
- Inventory: $0
- FF&E: $555,676
- Employees: 18
- Year Established: 1996
- Reason for Selling: Retirement
- Category: Restaurants,Liquor Related Biz,Delivery
Contact Agent:
- Stu Gilman
- Phone: (209) 480-9949
- Email: sgilman@tworld.com