Mexican Restaurant and Bar (#22672)

Asking Price$375,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

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Mexican Restaurant and Bar (#22672)


Asking Price$375,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Business Overview | Turn-key, Motivated Seller, Negotiable
Attention food lovers and entrepreneurs! A fantastic opportunity awaits you. A popular and well-established Mexican restaurant is up for grabs. This is a turn-key operation, ready for you to step in and take over.

Known for its delicious and authentic Mexican cuisine, this restaurant has built a strong reputation and a loyal customer base. It's not just a business, it's a community hub where people come together to enjoy great food and good times.

The price? It's more than fair, considering the established brand, fully equipped kitchen, trained staff, and existing customer base you'll be inheriting.

Don't miss this chance to own a piece of the local food scene. This is more than a restaurant; it's a chance to continue a tradition of serving mouth-watering food that brings people together
Key Features of the Business
Prime Location: Situated in a desirable area with high foot traffic.

Established Reputation: Well-known for excellent food and service.

Ample Seating: Accommodates a significant number of guests both in the dining area and at the bar.

Long Lease Term: 13 years remaining on the lease at an affordable rent of $7,500 per month.

Operational Efficiency: Currently operates only during dinner hours, indicating potential for growth.

Business Benefits

Absentee Ownership: The restaurant is successfully run without the owner’s daily presence.

Growth Potential: Opportunity to increase revenue by expanding operating hours to include lunch and brunch services.

Diverse Revenue Streams: Income from indoor dining, outdoor dining, take-out, curbside pickup, delivery, private events, and catering.

Reason for Sale
The owner is involved in several other businesses and is looking to slowly retire. This presents a unique opportunity for a new proprietor to take over a well-established and profitable restaurant.

Private Events & Catering
The restaurant is equipped to host private events and offers catering services, adding significant value and attracting a broader customer base.

Opportunity for Growth
The business currently operates only during dinner hours. Expanding to include lunch and weekend brunch could substantially increase revenue. Additionally, increased marketing of private events and catering services could further enhance profitability.
About the Business
Years in Operation
10
Employees
22
Opportunities for Growth
Growth Potential: Opportunity to increase revenue by expanding operating hours to include lunch and brunch services.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
Not Disclosed
Lease Expiration
1/1/2037
About the Sale
Seller Motivation
The owner is involved in several other businesses and is looking to slowly retir
Transition Support
Yes
Listing Info
ID
2301024
Listing Views
1547

Contact Seller

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Business Listed by: Ziggy Marszalek BizBrokerage Hub

Listing ID: 2301024 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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