Authentic Mexican Restaurant

Asking Price$299,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$637,034

Inventory$30,000
Not included in asking price
FF&E$170,000
Included in asking price
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Authentic Mexican Restaurant


Asking Price$299,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$637,034

Inventory$30,000
Not included in asking price
FF&E$170,000
Included in asking price
Business Description
Authentic Mexican Restaurant
Step into a thriving, turn-key restaurant opportunity in one of Lake County’s most desirable communities. This emerging upscale Mexican restaurant blends authentic Latin flavors with modern flair, all set within a stylish and welcoming atmosphere. Located in a foodie area with strong demographics, the restaurant has cultivated a loyal customer base drawn to its bold culinary vision, signature cocktails, and warm hospitality.

Guests enjoy a creative menu that celebrates both traditional and globally inspired Mexican dishes—from table-side guacamole and sizzling fajitas to signature creations like Mango-Chili Tacos and handcrafted tamales. The bar program features refreshing, high-margin margaritas and Latin-inspired cocktails, complemented by regular live music that adds energy and vibrancy to the guest experience.

The space offers a chic, yet relaxed ambiance, with extensive outdoor seating perfect for warm-weather dining and events. Designed for everyday meals, group celebrations, and date nights alike, the venue encourages guests to linger and return often.

In addition to its thriving dine-in business, the restaurant operates a strong and growing catering division that services private events, corporate functions, and local organizations—offering a significant opportunity for further expansion.

With a strong brand identity, loyal clientele, and a proven concept, this business is ideal for an owner-operator or multi-unit operator looking to expand into a high-income market. The current team has built a foundation focused on quality, hospitality, and community engagement—making this a turnkey opportunity with multiple revenue streams and room to grow.

Facilities and Assets:
The restaurant occupies a spacious and well-designed facility that supports both high-volume dine-in service and catering operations. The interior offers seating for up to 200 guests, providing a comfortable and vibrant environment for casual dining, special events, and live music performances. In addition to the expansive indoor layout, the property features extensive outdoor seating, creating a versatile setting that draws guests year-round.

The fully equipped commercial kitchen is built for efficiency and scale, with dedicated workstations for food prep, cooking, plating, and dishwashing. Equipment includes a walk-in cooler, multiple upright refrigerators, several freezers, grills, flat tops, stove tops, ovens, deep fryer, and a modern POS system.

Also included in the sale are a full inventory of tables, chairs, glassware, plates, utensils, and serving equipment—truly a comprehensive turnkey setup. The layout and equipment support high guest volumes as well as large off-site catering orders, with ample storage and workflow-friendly design throughout the back of house.

This is a rare opportunity to acquire a fully operational, fully furnished restaurant facility with significant capacity and built-in scalability.
About the Business
Years in Operation
1
Number of Employees
13
Facilities & Assets
The business features a fully equipped commercial kitchen designed for high-volume efficiency, with dedicated stations for prep, cooking, plating, and cleaning. Included are a walk-in cooler, multiple upright refrigerators, freezers, grills, flat tops, stove tops, ovens, a deep fryer, security camera system, and a modern POS system. The premises also offer multiple storage areas and a secured liquor room. All equipment is included in the sale, except for the leased dishwashing machine and the walk-in fridge as it's attached to the building.
Market Outlook / Competition
Mexican cuisine remains one of the fastest-growing segments in the U.S. restaurant industry, driven by convenience, authenticity, and demographic preferences. In Illinois, the trend is even more pronounced—with new franchise rollouts, family-style entries in the suburbs, and a thriving fine-dining scene.
Opportunities for Growth
This restaurant is well-positioned for growth in an upscale and growing area of Lake County. Expansion opportunities include increasing catering and private event bookings and leveraging the fully equipped kitchen. With strong demand for upscale dining and a loyal customer base, there's potential to extend hours, add brunch or lunch service, and capitalize on the restaurant's popular outdoor seating and live music offerings. Further growth could come from enhanced digital marketing, third-party delivery platforms, new owner focusing on outreach.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,200
Rent
Not Disclosed
Lease Expiration
5/31/2029
About the Sale
Seller Motivation
Planning on retirement
Transition Support
Seller will provide up to 50 hours of hands-on training over 3–4 weeks, covering all aspects of daily operations, systems, and vendor management. The well-trained staff will remain in place after the sale, allowing for a smooth and seamless transition. Seller will also introduce the buyer to all vendors to ensure continuity.
Listing Info
ID
2387378
Listing Views
470

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Business Listed by: Mr Tracy A Burnidge Buy/Sell Business Brokers, Inc.

Listing ID: 2387378 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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