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Oceanside

  • Listing No.: 106-15533

  • Category: Food - Restaurant

Asking Price $165,000
Down Payment
Gross Revenue $556,278
Total Adjusted Net Income
Equipment / Fixtures $100,000
Year Established 2018
General Location Oceanside
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Located inside a busy strip mall on a highly trafficked road, this beautifully decorated restaurant is fully equipped with a new grease trap, hood system, bar counter, and much more. Currently operating as a Mexican Restaurant with an ABC-47 License. License can be purchased separately. Restaurant can be kept as is, or converted to another concept that does not compete with the other tenants in the center. Seller wants to pursue a different business interest. 

Gross Revenue $556,278 Listed Price $165,000
Total Income Down Payment
Base Rent Square Feet 2420
Total Rent $4,690 Lease Expiration 3/2022
Rent Deposit $4,500 Lease Options
Inventory Not Included Leasehold Improvements $90,000
Equipment / Fixtures $100,000 Other Assets
Full-Time Employees 2 Training Period 2 Weeks
Part-Time Employees 3 Special License Required ABC 47
Contract Staff Reason for Selling Pursue Other Business Interest

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.