Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$450,000	Inventory	$16,000**
Gross Income	$2,162,027	Real Estate
Cash Flow	$209,276	Year Established	1998
FF&E	$100,000*	Employees	54

* included in the asking price

** not included in the asking price

This business is a ten year old national franchise restaurant franchise located in close proximity to I-5 and Tacoma Mall. Establish in 1998, the business has emerged as a destination spot for diners in the South Sound. The restaurant offers a varied menu with choices ranging from traditional Mexican dishes to fresh, healthy entrees including fresh seafood, beef, and chicken. The eating establishment also has a popular bar with great happy hour specials, and customer attracting food features like Sunday s Kids Eat Free. To go Fiesta platters cater to group gatherings and business lunches off site. The franchise is headquarters out of Californian and was established in 1986. There is 69 company owned stores and 30 franchised locations spanning across 16 states. Additional locations are scheduled to open this year.

Facilities: The business occupies approximately 7,046 square feet of space according to the lease. The restaurant has seating for 168, the bar has seating for 71, and the patio area has seating for 40 in the spring and summer months. The hours of operation are Sunday -Thursday 11:00 am 10:00 pm, Friday and Saturday hours are 11:00 am 11:00 pm.

Competition: Located in close proximity to I-5 and Tacoma Mall.

Financing: Cash out.

Support/Training: *Training will be completed with the franchisor.

Reason Selling: Seller is retiring