A rare and unique opportunity to buy this well-established and highly profitable Luis Jr's Mexican Food restaurant with a high monthly income, reasonable lease, incredible central location in Old Sacramento, as well as a build-in generation of loyal and long-term customers. Current owner has been in the business for 40 years and will train the new buyer and share/teach all recipes. The restaurant has a liquor license, as well as beer/wine, which can be transferred to new owners. The outdoor patio comes to life and is a great place for customers to enjoy refreshing drinks & a scrumptious meal. Yearly gross and net income are readily available upon request to serious buyers. Seller might be interested in owner finance with a big down payment, but cash, or loan are preferred. Look no further! This is it! Better and more cost effective than some franchises.
All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc.
Listings marked with V* indicate the seller is willing to entertain offers within a Listing Price range. For example, a Price of $140,000-$170,000 indicates the seller will entertain offers from $140,000 to $170,000.
Listing information last updated on August 24th, 2019 at 8:51pm PDT.