Fully Equipped Restaurant--Turnkey Opportunity

Asking Price$239,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$780,000

InventoryNot Disclosed

FF&ENot Disclosed

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Fully Equipped Restaurant--Turnkey Opportunity


Asking Price$239,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$780,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Below market turnkey Business Opportunity!!! Leasehold Improvements and equipment alone, support the listing price.

Owners are motivated to sell and move on with the next phase of their life.

Currently a Mexican restaurant, 14 years in business, same location.

Tax Returns showing good positive cash flow.

Run this restaurant as is, or convert this space into your dream restaurant and capitalize on the lucrative market, Outstanding location and vibrant community. The upside is tremendous.

Roughly 4,000 Sq. Ft. of space; seating capacity of 150.

Average Annual Revenue $780,000.

Fully equipped. 18' Exhaust Hood; In-Ground Grease Trap; Full size bar with 22 seat capacity.

4COP SPS Liquor license that is transferable to a new owner.

This business fronts on the busiest thoroughfare in the area with a very high traffic count.

Parking is not an issue.
About the Business
Years in Operation
14
Employees
2
Currently Relocatable
Yes
Facilities & Assets
Roughly 4,000 sq. ft. of space. All Equipment, Inventory and Leasehold improvements included in the listing price
Market Outlook / Competition
There is a new mexican restaurant that opened in the area. The Mexican restaurant listed for sale in this Ad has been in business at the same location for 14 years and has an outstanding reputation in the community.
Opportunities for Growth
There is tremendous upside for a new owner, as roughly 30,000 to 40,000 cars a day pass by this location. The restaurant fronts right on the busiest thoroughfare in the area. A tech savvy new owner, with a vibrant website who knows how to use social media and get to the top of Google could increase revenue significantly. Either as a Mexican Restaurant, or a totally new concept a new owner who has fresh ideas and is highly motivated could take a restaurant in this location to a whole new level.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$6,784.00 per month
About the Sale
Seller Motivation
Owner wishes to retire
Transition Support
Owner will stay on for 2 weeks after closing to assist with a smooth transition of the business.
Listing Info
ID
2346451
Listing Views
583

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Business Listed by: Hank Goldsby Merritt Realty Corporation

Listing ID: 2346451 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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