Mexican (San Gabriel) $250,000

GROSS OPERATING INCOME:  $631,172
NET PROFIT:  $231,831
​DAYS / HOURS OPEN:  Open 8 Hours/Day
FULLTIME EMPLOYEES:  3
LEASE EXPIRES:  02/15/28
EQUIPMENT VALUE:  $15,000
REASON FOR SELLING:Retire
PART TIME EMPLOYEES  3
ACTUAL RENT:  $1,700
INVENTORY VALUE:  $10,000
YEARS CURRENT OWNER:  12
HOURS OWNER WORKS:  12
LEASABLE SQFT:  1,400
PARKING TOTAL:  300
(the "Business Only") is available for sale and presents an excellent opportunity for a business owner or an investor. The building is leased by the City of San Gabriel Ca. with the ability to convert to triple net lease. LOCATION, LOCATION, LOCATION this property nestled in the beautiful and historical Mission District a prime location in the highly desirable City of San Gabriel Historical Mission Playhouse. A tremendous amount of development going on in this area, boasting high traffic counts with great exposure for business and walking traffic for the lunch crowd from nearby hospital and businesses. The building offers dining room seating comfortably for 50 along with plenty of free Public Street parking in front and on the side of the restaurant plus 300 free public parking spaces at the Mission Playhouse within a 100 feet from the restaurant. FULLY central Air, and Heating. The business is a one owner for the last 12 years and delivers a delicious Mexican food menu fit for a King. The owner and his team 6 full time employees and 3 part time empolyees are famous for their cooking and their outstanding guest services
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​Do not talk to the owner and employees.
​No Co-op brokering.
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