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| Status | Active |
|---|---|
| Listing ID | M1125 |
| Listed Price | $119,000 |
| Down Payment | $119,000 |
| SDE | $51,226 |
| Total Sales | $336,708 |
| Non-Compete Years | for 3 years |
| Non-Compete Radius | 1 miles |
| Asset Info | |
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† Included in price |
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Reason For Sale
Operations
| Year Established | |
|---|---|
| Form of Ownership | Sole Proprietorship |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | |
| Years Owned | |
| Business Age |
Location
Central Coast| Type of Location | Shopping Center |
|---|---|
| Lease Expires | 02/15/2016 |
| Security on Lease | |
| Location Comments | Mexican Rotisserie: Classy fast food in new major shopping center; granite table tops, open kitchen, walk in fridge, cold tables. Seats 38 in, 28 out |
Executive Summary
Business Description
This is a classy fast food restaurant that currently is serving Mexican food with a specialty of rotisserie-style roasting meat. This 1480 SF restaurant was built 5 years ago in a new neighborhood shopping center, which has a major grocery store, bank, & other retail stores & offices. The restaurant has granite table tops & counters, seating for 38 & outdoor patio seating for 28. Customers can order at the counter or at the table. There are 2 flat screen TVs to watch sports or other programs while enjoying a glass of wine or beer. The kitchen is open-style with steam tables & cold tables for easy & fast food preparation, & walk-in refrigeration. The owner has found he is too busy to handle 2 restaurants. A new owner can step right into this beautiful place & take over immediately
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