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Maryland Business For Sale

 

TOP-RATED MEXICAN RESTAURANT


Attn: Merv First
Anne Arundel County, MD, USA
Listing Number: "MF204"
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Asking Price: $350,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Illness of owner.
Year Established: 2004
# of Employees: 7 F/T
Yearly Revenues: $450,000
Yearly Cash Flow: $67,500



Business for Sale Overview:
A leading Washington, DC newspaper has rated this restaurant one of the top 10 restaurants of its kind. They are strategically located on a major road in the suburban Washington,DC area of Maryland. They provide a healthy, delicious assortment of Mexican foods, prepared California style. They have a reputation for using only the very best ingredients, and everything is prepared fresh every day. They prepare and serve their numerous salsas and trimmings at their hallmark salsa bar. All of their meats are char-broiled, for tops in taste. No pre-packaged, off-site prepared, or frozen foods are ever used, due to the restaurant's emphasis on a home cooked, healthy, authentic Mexican cuisine. This is a great opportunity to acquire this fine restaurant, which has dine-in, take-out, delivered, and catering services.

Property Features and Assets:
The restaurant is 1,200 sq. ft., at a monthly rental of $2200. There are 2 years remaining on the current 5 yr. lease, and there is a 5 yr. option in place

Market Competition and Expansion:
While there are other restaurants in the area, this one has a fine reputation, and a loyal customer base.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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