Last Revised: 9/13/19. Posting #: 252014
Key Words: mexican, bars, placer
Financial Info: Price: $2,499,000. The sale includes a valuable Placer County ABC Type 47 full liquor license in the asking price. The allocation of the $2,499,000 asking price is $299,000 for the business and $2,200,000 for the property.
Profile: Looking for a great restaurant and bar in a highly visible location?
This popular Mexican restaurant might be just the right one for you!
This restaurant with full liquor bar is offered for sale with property, so this is a great opportunity to be your own landlord and control rent costs! The property is in a busy area and it faces a major artery with plenty of daily traffic (28K ADT). The area is a retail hub surrounded by upper income residential so there are plenty of customers nearby.
The restaurant is known for its authentic Mexican food and has developed a loyal following of patrons who count it among their favorite dining spots in the area.
This restaurant is approx 6,230 sq. ft. Total occupancy is approximately 280 + patio. The kitchen has a large cooking line with a hood/ansul, plenty of prep space, a large walk-in refrigerator, and all of the equipment that you need to produce a full menu with speed and efficiency.
The sale includes a valuable Placer County ABC Type 47 full liquor license in the asking price.
The owners have enjoyed growing their successful business but are preparing for their retirement.
The allocation of the $2,499,000 asking price is $299,000 for the business and $2,200,000 for the property.
Interested? Please request a confidentiality agreement/NDA form to get started. Once we receive your confidentiality agreement, we will send you information with the name, street address and other details. This is a confidential listing so please do not disturb the businesses. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity!
Professional Resources & Contacts To Help You Close Your Deal!
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
View All Related Resources & Advisors For This Posting
Profile: Angela Graham, of Madison, AL, is a second generation business broker at Alliant Capital Advisors of Brentwood, TN. Alliant offers owners free financial analysis and price evaluations, as well as confidential business-for-sale broker services, without any upfront fees.
Key Words: angela graham, alliant capital advisors, business broker, merger intermediary, business valuation, consultant, gas station, chocolate, candy, electric generator, restoration, trampoline, trampoline park, mexican, restaurant, nashville
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: When selling your business, asking the right questions and gathering the proper information up front will allow you to carefully vet and qualify potential buyers while helping you understand their intention to buy your business, saving time and keeping your business's information confidential.
Key Words: peter siegel, non-disclosure agreement, NDA, qualified buyer, qualified buyers, business purchase financing, financing, cash, SBA loan, SBA financing, preparing business for sale, equipment, lease, seller financing, assets, collateral
Profile: William Bruce, National Business Broker/Intermediary and Valuation Expert from Alabama, explains three important issues that arise when buying or selling a small business of any kind. These issues for business buyers and business owner/sellers include confidentiality, valuation, and financing.
Key Words: buying a business, buy a business, selling a business, sell a business, confidentiality, valuing a business, business valuation, financing, sba loans, loans, business purchase financing, 401k, william bruce
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
View Related Blog Posts For This Posting
Profile: A big reason that businesses never sell is because they are overpriced. BizBenNetwork Senior Facilitator Manager Jordan Green shares helpful tips with business owners to properly value their business and reviews costly mistakes to avoid in order to establish a fair asking price for a business.
Key Words: jordan green, intangible assets, equipment, value, business brokers, business owners, sellers, improvements, sales multiple, net income, business for sale, preparing a business for sale, valuation
Related Discussions For This Posting
Comments & Replies: 1 Topics: buying a business, due diligence
Profile: It's no secret that both small and large restaurant purchases are sometimes tricky to pull off & can be difficult to determine if a deal is a good one to move forward with. BizBenNetwork Members weigh in with critical investigative components & tips of buying a restaurant in the due diligence phase.
Key Words: restaurant, restaurants, due diligence, joe ranieri, cafe, deli, bar, bars, fast food, coffee, sandwich, poke, mexican, asian, cafes, delis
Comments & Replies: 2 Topics: buying a business, due diligence
Profile: When buying a restaurant, business buyers must consider a number of critical aspects of the business to determine if the restaurant is a good fit, set up for future success, or requires a concept change instead. BizBenNetwork Senior Facilitator Manager Jordan Green starts this discussion.
Key Words: restaurant, restaurants, jordan green, buyers, buying a business, convert, can convert, asset, asset sale, due diligence
View All Discussions
Comments & Replies: 14 Topics: for sale by owner, landlords, selling a business
Profile: While there may be exceptions, I believe the best practice is to let the land owner know about your plans to sell the business - meaning a new tenant for him or her - before you begin marketing the company for sale. There are two schools of thought on this important question. BBN Members weigh in.
Key Words: landlord, landlords, lease, leases, leasing