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Mexican Steak House

Mexican steakhouse with entertainment, dance floor & full liquor license in Orange County. This is a free standing building with over 6000 Sq. Ft. of space plus Patio, with great ample parking, & is close to 2 Free Ways. This is a destination place for many of their customers. They have a reputation for great food & service, and one of the best Mariachi band in the area.

Just about 4 years ago the owner spent over $275,000 to remodel the entire restaurant in all Mexican themes. They also feature Polynesian & Hawaiian nights with their special fiestas, once in awhile, arrange Tango dance, Mexican dances & flamingo dance, also host many different companies’ parties, birthdays, & weddings.

Their monthly revenue has been as high as $100,000 or more in a month just in the last couple of years. The owner has opened other restaurants and do not have enough time to devote & focus on this restaurant & sales gone down partially because of economy & partially has to do with the owner’s limited time & attention to this property.

The restaurant could be converted to other type of restaurant operation if someone desires so.

Annual Revenue: $600,000
FF&E (Included in the price): $60,000
Inventory (Included in the price) $7,000
Seller’s Discretionary Cash Flow $40,000
Asking Price: $200,000

Disclaimer: The information above was furnished by the seller. Neither the broker nor its agents have verified the information and make no representations as to its accuracy or reliability.