Established 40-Year Mexican Restaurant with Beer & Wine License in Castroville
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 Castroville, CA. Situated in a prime, high-traffic area, it has cultivated a strong, loyal customer base due to its authentic cuisine and inviting atmosphere. The business holds a beer and wine license, complementing its popular Mexican dishes. It is presented as a turnkey operation, combining tradition with modern charm, and offers significant growth potential. The listing includes detailed financial information such as Gross Revenue of $321,723 and a Total Income of $58,074. Key assets include Leasehold Improvements ($5,000), Equipment/Fixtures ($50,000), and Inventory ($10,000). The lease is valid until March 2028 with an option to extend, and the monthly rent is $4,029. The business is operated by 3 full-time and 1 part-time employee. The owner is selling due to a career change.
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:
- ed3fb827-e4cb-4528-898c-ecfa6fe94923
- Source Listing ID:
- 23815
- Deal Status:
- For Sale
- Last Updated:
- September 24, 2025
- Currency:
- USD