Eastern Nebraska Mexican Restaurant - $285,000

Asking Price$285,000

Cash Flow
$49,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$502,000

Inventory$25,000
Included in asking price
FF&E$84,310
Included in asking price
Real Estate$745,000
Included in asking price
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Eastern Nebraska Mexican Restaurant - $285,000


Asking Price$285,000

Cash Flow
$49,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$502,000

Inventory$25,000
Included in asking price
FF&E$84,310
Included in asking price
Real Estate$745,000
Included in asking price

Seller Financing Available
Business Description
Large well-established Mexican Restaurant (opened in 1984) in Eastern Nebraska is now available for purchase. The facility is large enough for group meetings in the dining room (capacity 140), in addition to the walk-in/drive-thru side which has consistently grossed over $500,000 in revenue. The business features over $84,000 in furniture, fixtures and equipment and is stocked with $25,000 inventory, all included in the asking price. The building has a new roof (2022), newer HVAC system, and 38 parking spaces. The weighted average cashflow for the past 3 years is over $49,000. Growth opportunity includes expanding delivery both in-house and out-sourced. The recipes and concept can be easily replicated, to add other locations. The seller has owned the business for the past 10 years and is now ready to retire. He would prefer to sell both the business and building but will consider all offers. Real estate is priced separately at $745,000.
For a business only purchase, the seller is willing to provide a very reasonable lease rate and term.
About the Business
Years in Operation
41
Facilities & Assets
4,500 sf building, 38 space parking lot, $84,000 in FFE and $25,000 in inventory all included, in great location.
Market Outlook / Competition
Business is very steady and competes well with other restaurants nearby.
Opportunities for Growth
Additional emphasis on delivery, both in-house and out-sourced to Door Dash, etc. Marketing to social and business groups to host regular meetings would boost revenue and exposure.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
Full support and training for as long as buyer requires.
Financing Options
Partial seller financing will be considered for well-qualified buyer.
Listing Info
ID
2182175
Listing Views
1115

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Business Listed by: Dennis Huffine BEST Advisors

Listing ID: 2182175 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.