Mexican Restaurant for sale in Irvine

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Asking Price:
$180,000

Gross Revenue:
$394,421
Cash Flow:
$114,660
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

Exceptional 5 day a week, fast casual, Mexican restaurant that specializes in Mexican food in the Orange County area. Rachael's Cocina provides made to appetizers, combo plates, build your own burritos or bowls, tacos, taquitos, nachos, quesadilla, tostadas, salads, wraps and breakfast items. In addition to offering dine in, the restaurant also fulfills catering orders. The business has the potential for growth, increasing profit, and positive cash flow! This restaurant has it all with a clean, nice build out featuring stylish and cute decor and services loyal clients, walk-in clients, and catering orders. It is comfortable, clean, and inviting for those looking for a fairly easy operation to run. The success of this restaurant is based on their great food and service for the last 34 years. In addition to being located in a convenient location in a business center with close proximity to large offices, and a residential community. There is an abundance of parking which makes the location convenient for customers. The restaurant also has a great online presence with great reviews and an average 4-star rating. The restaurant has been at the present location for many years with FF&E of $30,000.00. This opportunity is ideal for a buyer that is a chef, owner operator, or a semi absentee owner. The operating hours are Monday to Friday, with hours of 6:30am to 3:30pm. The seller will train the buyer for two hours a day and up to two weeks the unique business has a good catering menu and a new buyer can also add new items to the menu. Other ways to increase the profitability would be to add meal deals, increase catering orders, allow for online ordering, and delivery. FF&E are included in the sale. Seller is selling due to wanting to retire. Inquire now!

About the Business

Location:
Orange, New Jersey
Year Established:
1985
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$3,086.00 Per Month
Facilities:
This business has a leased location of 1,200 square feet with a total rent of $3,086. The seller is active in business with 2FT and 3PT employees. Hours of operation are Monday-Friday 6am-3pm.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two Weeks
Seller Financing:
Seller will consider all offers

Listing Info

ID:
1619686
Ad Detail Views:
0

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Business Listed by

Gina Veeragoudar, MBA

First Choice Business Brokers LA
License# 02072895

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Sponsoring Broker:

Adrianna Smith
First Choice Business Brokers LA
License# 01957172

U.S. Census Data for Essex County, NJ
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Essex County, NJ
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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