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Listing View: Turn Key Taqueria- $96K Profit- Perfect For Family Operation- Reduced! - San Mateo County, California


Turn Key Taqueria- $96k Profit- Perfect For Family Operation- Reduced!
San Mateo County, California

Offered at:
$195,000

Office Listing #   1680
Revenue: $35,000 / month
Cash Flow: $7,500 / month
Lease Rent: $5,423 all inclusive
Square Feet: 1689

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 Listing Description

With close freeway proximity, this modern, well designed restaurant features a full display line kitchen, a prep kitchen, efficient order pick up and take-out counter, and an on site dining area. The dining area’s table and chair seating is well lit, has a lively color scheme, has all tile flooring and decorative Mediterranean accent tiles, outdoor views. The display line kitchen has 9’ type 1 hood, char grill, 4‘-griddle, two panini grills, two 4- pan steam tables, microwave, tortilla steamer and food warmer. There is a 2-door salad prep fridge, a 2-door beverage merchandiser, 4-drawer under counter fridge, a POS system, butcher block and stainless work tables, and multiple floor sinks. The separate prep kitchen also has a 9’ type 1 hood, two stock pot burners, 6- burner range with oven and a double fryer. Additional equipment includes a walk in cooler, a 1-door freezer, food processor and blenders, ice machine, dishwasher, 1-compartment and 3- compartment sinks, hand and mop sinks, employee lockers and wire rack shelving units. The entire restaurant is wheelchair accessible, has 2 ADA restrooms, and there is ample parking. The business generates an approximate $8,000 monthly profit despite being operated with the owner absentee. A buyer working 50 hours per week hands on in the business would reduce the monthly payroll expenses by roughly $43,000. The 10 year lease has approximately 7 1/2 years remaining, and two 5 year options. The all inclusive rent includes water and sewer charges for the restaurant. Overall, this is a very efficient operation and a turn key opportunity in every sense, with upside to increase sales and profitability with the addition of catering and expanded breakfast hours.

General Information
Contact Information
Organization:   LLC
Year Established:   2008
Current Owner:   2008
# of Employees:   Contact For Info
Seating:   50 inside
Square Foot/Size:   1689
Parking:   Street and parking lot
License(s) Required:   Business, ABC Type 41 (Beer & Wine)
Days Open/Hours:   Mon-Sun 8a-9p
Reason For Sale:   Other Interests
     
Financial Information
Revenue:   $35,000 / month
Cash Flow:   $7,500 / month
Payroll:   Contact For Info
Lease Information
Lease Rent:   $5,423 all inclusive
Lease Expiration:   march 2018
Yearly Adjustment:   Negotiable
Lease Option:   two 5 year options
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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