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