Mexican restaurant/ bar for sale
Business Description
Established Mexican Restaurant and Bar for Sale in East Peoria, IL
This authentic Mexican restaurant and bar presents an excellent opportunity for entrepreneurs seeking a turnkey food service business in the growing Tazewell County market. Operating since 2024, this establishment has quickly built a solid foundation with consistent operations and revenue generation.
Business Overview:
The restaurant specializes in authentic Mexican cuisine with traditional recipes that have resonated well with the local community. The full-service concept includes both dining and bar operations, providing multiple revenue streams through food sales, beverages, and alcoholic drinks.
Financial Performance:
With an annual EBITDA of $100,000, the business demonstrates solid profitability in its first year of operation. The asking price of $450,000 includes $300,000 in inventory, providing immediate operational capability for the new owner.
Operational Advantages:
The current owner emphasizes the business model's simplicity and efficiency. The established recipes and operational systems create a streamlined approach to daily management. The combination of authentic cuisine and quality beverage program has proven appealing to the East Peoria market.
Location Benefits:
Situated in East Peoria within Tazewell County, the restaurant serves a stable community with consistent dining demand. The area's demographics support sustained restaurant operations with both local residents and visitors.
Growth Potential:
As a newly established business that has already achieved profitability, there are opportunities for expansion through enhanced marketing, extended hours, catering services, or special events. The authentic Mexican cuisine concept has strong market appeal and room for continued development.
This turnkey operation offers an immediate entry into the restaurant industry with proven recipes, established systems, and included inventory, making it an attractive investment for qualified buyers seeking a profitable food service business.
This authentic Mexican restaurant and bar presents an excellent opportunity for entrepreneurs seeking a turnkey food service business in the growing Tazewell County market. Operating since 2024, this establishment has quickly built a solid foundation with consistent operations and revenue generation.
Business Overview:
The restaurant specializes in authentic Mexican cuisine with traditional recipes that have resonated well with the local community. The full-service concept includes both dining and bar operations, providing multiple revenue streams through food sales, beverages, and alcoholic drinks.
Financial Performance:
With an annual EBITDA of $100,000, the business demonstrates solid profitability in its first year of operation. The asking price of $450,000 includes $300,000 in inventory, providing immediate operational capability for the new owner.
Operational Advantages:
The current owner emphasizes the business model's simplicity and efficiency. The established recipes and operational systems create a streamlined approach to daily management. The combination of authentic cuisine and quality beverage program has proven appealing to the East Peoria market.
Location Benefits:
Situated in East Peoria within Tazewell County, the restaurant serves a stable community with consistent dining demand. The area's demographics support sustained restaurant operations with both local residents and visitors.
Growth Potential:
As a newly established business that has already achieved profitability, there are opportunities for expansion through enhanced marketing, extended hours, catering services, or special events. The authentic Mexican cuisine concept has strong market appeal and room for continued development.
This turnkey operation offers an immediate entry into the restaurant industry with proven recipes, established systems, and included inventory, making it an attractive investment for qualified buyers seeking a profitable food service business.
About the Business
- Years in Operation
- 1
- Employees
- 10 (6 Full-time, 4 Part-time)
Listing Info
- ID
- 2412457
- Listing Views
- 75
Business Location
Listing ID: 2412457 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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