Vibrant Restaurant in Downtown Fairfax (Marin County)

Price: $299,000

Location: Fairfax, CA

Industry: Restaurants and Other Eating Places

Listing ID: 5154

DESCRIPTION

Rare opportunity to purchase a compact and efficient restaurant with amazing curb appeal in downtown Fairfax. This fast-casual restaurant serves California-inspired Mexican street food and enjoyed strong sales trending upward prior to the pandemic. Gross sales in 2019 were over $1M with an SDE of $179K and occupancy costs at 7%. There is a large and beautiful patio with custom canvas panels for year-round outdoor service. The next operator could continue with the current concept or execute on a new one. Restaurant premise is in great condition and should move through the health department change of ownership smoothly.

LISTING DETAILS

Cash Flow: If applicable, financial information will be shared after an NDA is submitted.

OPERATION
Year Established: Founded in 2016

Days & Hours of Operation: The restaurant is open 5 days a week Wednesday-Thursday from 5:00 pm-9:00pm; Friday-Saturday 11:30am-3:00pm & 5:00-9:00pm and Sunday 11:30am-3:00pm & 5:00-8:00pm. Closed Monday and Tuesday.

Owner Hours Per Week: The restaurant is open 5 days a week Wednesday-Thursday from 5:00 pm-9:00pm; Friday-Saturday 11:30am-3:00pm & 5:00-9:00pm and Sunday 11:30am-3:00pm & 5:00-8:00pm. Closed Monday and Tuesday.
Employees: 6 full-time and 9 part-time employees

LOCATION

Square Footage: The restaurant is 950 square feet (approx.) with inside seating for 25 (approx.) and a 490 square foot patio seating for 25

Facilities Information:

Restaurant equipment includes 6’ X 4’ Type 1 hood; 3'-6" X 3'-6" (approx.) Type-2 hood; gas vertical broiler; 2-burner cast iron Comal; a 6-burner Vulcan range; multiple refrigerators; Continental low-boy freezer; Ice-o-matic ice machine; Continental lowboy prep refrigerator; corn mill; Robot Coupe; triple sink; prep sink with return, back splash and undershelf; hand sink; mop sink; in-ground grease trap and more

Current rent is $4,859 + $1,890 NNN. Current term expires May 2026 with one 5-year option

Premise is licensed with a Type-41 Beer & Wine license

For more information on this listing, please complete our Non-Disclosure Agreement

CONTACT DEAL OWNER

Ryn Longmaid

Phone: (707)-503-9335
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