Cypress-based Real Mex Restaurants Inc. said profit more than doubled last year as same-store sales rose 2.9%.
Earlier this year Real Mex said it was looking at “strategic alternatives” that could lead to a sale of the company. New York-based Bruckmann, Rosser, Sherrill & Co. and Jefferies & Co., own about two-thirds of Real Mex.
Real Mex, which operates the El Torito, Chevys Fresh Mex and Acapulco restaurant chains, reported sales of $534 million in 2005, up from $208 million a year earlier.
The sales gain was fueled by the inclusion of Chevys’ results. The unit, which Real Mex bought last year, contributed $191 million in revenue to Real Mex.
Real Mex’s income before taxes more than doubled to $8.7 million from $4.1 million in 2004.
Real Mex has 246 company-owned and franchised restaurants. It moved from Long Beach to OC last year.
