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Home » Businesses For Sale » Restaurants » Los Angeles » Listing BFS-174052

Huntington Park Mexican Restaurant

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Location

  • City Los Angeles
  • State California
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

This quick service Mexican restaurant is located in the center of Huntington Park’s bustling business district. The restaurant has been serving the local community for over 20 years and is known to offer high quality, authentic savory dishes at reasonable prices. The business has 4 well trained employees, cross trained to handle all operating duties, and manage the business in the owner’s absence. The business could significantly benefit from a full time working owner managing the day to day operations of the business, focusing on aggressive marketing programs to build on the existing walk-in customer base.

This 900 square foot facility leases for $5,150 per month including CAM. The lease is valid until August 2012 and has 1 five year option to renew. The sale includes all of the restaurant’s furniture, fixtures and equipment, including the name, recipes, menu and goodwill.

Competition is considered medium to high as other neighborhood restaurants certainly exist, however, this location thrives from the built in traffic from this highly populated business district, transit centers, etc.

The business has a lot of growth potential. The current owner does not actively promote the business. A new owner could promote the business via coupon mailers, menu flyers, offering samples, implementing catering and delivery service, and setting up mobile vending stations for street fairs and farmer’s markets.

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