Description

Year Established: 2008

This is one of the Top 3 performers in the Chronic Tacos chain of 40 plus restaurants. Built owned and operated by the founder of Chronic Tacos himself. Don’t miss this opportunity to join one of the the fastest growing chains in California and become a member of the Chronic Family! Owner operator would make a killing in this location but it also pays well as a passive income investment.

Facilities: Included in the sale is a very clean Beer and Wine license, fully trained staff and over $100,000 in assets. Massive parking lot and patio. 3 years left on lease with 3 favorable 5 year options. This Chronic Tacos has a small Bar and seating for 60 people with excellent street visibility.

Competition: This location is tied in with the Chronic Tacos Cantina located a short 2.3 miles away with a cross marketing program and rebate program set in place. Closest competition is Mi Tortilla but their food is blah!

Growth/Expansion: This business has a rebate program that pays it for promotional support of the near by Cantina.

Financing: Financing is available to qualified buyer with restaurant experience

Support/Training: Support and training for 45 days plus corporate training in the corporate classroom located in San Clemente. Chronic Tacos Franchisees have a website, portal to order marketing from, secret shoppers, regional trainers and so much more.

FF&E: $100,000*
Inventory: $5,000*
Employees: 12

* included in the asking price

** not included in the asking price

Reason Selling: This store was built by the founder who has moved back to Newport Beach