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Mexican Rest. w/Beer & Wine - Long Beach

This quaint Mexican restaurant with beer and wine license, as well as a patio, serves as a local neighborhood favorite for quick and reasonably priced authentic meals. This corner location is a local favorite, and offers traditional meals for breakfast, lunch and dinner. The operation’s minimal overhead expenses provide the owners generous profit margins, and the potential to generate significant net income on modest revenues. This simple opportunity is ideal for a husband and wife team, or a family that seeks to showcase their recipes.

This 1,000 square foot facility leases for $1,500 per month including CAM. The lease is valid until August 2013 and has 1 five year option to renew. The sale includes all of the restaurant’s furniture, fixtures and equipment, including a full kitchen and beer and wine license.

Competition is considered medium to high as other neighborhood restaurants certainly exist, however, this business’s corner location, coupled with its loyal client base, provides it a competitive advantage.

The business has a lot of growth potential. The current owners have not aggressively promoted the business, and have bypassed most conventional advertising methods. A new owner could promote the business via coupon mailers, residential and vehicle menu flyers, offer specials to local residents, and offer happy hour specials to increase beer and wine sales. Given the loyal following of nearby customers, a new owner may also consider implementing delivery service.