Established 40-Year Mexican Restaurant with Beer & Wine License in Prime Location

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Financial Details

Asking Price:
$250,000
Annual Revenue:
$321,723
Cash Flow / SDE:
$58,074
Profit Metric:
Net Income
Valuation Multiple:
4.3x
Location:
Castroville, CA, US
Source:
Date:
September 26, 2025

Key Highlights

40-year established, community-favorite Mexican restaurant.
Prime, high-traffic location with loyal customer base.
Includes beer and wine license, turnkey operation with growth potential.

Description

This is a well-established, 40-year-old Mexican restaurant located in Castroville, California. Situated in a prime, high-traffic area, it has cultivated a loyal customer base and is known for its authentic cuisine and inviting atmosphere. The business holds a beer and wine license, allowing for a complementary drink selection. Described as a turnkey operation, it presents a unique opportunity for a buyer seeking a proven business with potential for further growth. The restaurant occupies 1810 sq ft, with a monthly rent of $4,029 and a lease expiration in March 2028, including one 5-year option. The asking price is $250,000, with gross revenues of $321,723 and net income of $58,074. 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:
5554f5b5-5a2c-4e82-8df9-abbe9ee4c76c
Source Listing ID:
23815
Deal Status:
For Sale
Last Updated:
September 26, 2025
Currency:
USD

Features & Tags

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