Established 40-Year Mexican Restaurant for Sale in Castroville, CA
Financial Details
- Asking Price:
- $250,000
- Annual Revenue:
- $321,723
- Cash Flow / SDE:
- $58,074
- Profit Metric:
- Total Income
- Valuation Multiple:
- 4.3x
- Location:
- Castroville, CA, US
- Source:
- Date:
- September 24, 2025
Key Highlights
Description
This is a well-established, 40-year-old Mexican restaurant located in a prime, high-traffic area. It has cultivated a strong reputation for authentic cuisine and a welcoming atmosphere, boasting a loyal customer base. The business holds a beer and wine license, complementing its popular Mexican dishes. Described as a turnkey operation, it offers a unique opportunity for an owner looking for a proven business with significant growth potential in an ideal setting. The business was established in 1984 and is being sold because the owner is changing careers. Financials include a Gross Revenue of $321,723 and a Total Income of $58,074, with an asking price of $250,000. The lease is for 1810 sq ft at $4,029/month, expiring in March 2028 with one 5-year option. Assets include $50,000 in equipment/fixtures and $10,000 in inventory.
Industry Information
- Industry Description:
- Mexican Restaurant
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1984
- Employees:
- 4
- Reason for Selling:
- Changing Career
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $4,029 USD
- Lease Expiration:
- 2028
Assets & Inventory
- FF&E Value:
- $50,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $10,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Ardeshir Vosooghi
- Company:
- First Choice Business Brokers
- Phone:
- (650) 397-6562
Listing Details
- Listing ID:
- 43705187-835b-4417-8e1b-fa535923b650
- Source Listing ID:
- 23815
- Deal Status:
- For Sale
- Last Updated:
- September 24, 2025
- Currency:
- USD