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Asking Price:	$160,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Other interests keeping owner away from this restaurant
Year Established:	2000
# of Employees:	15
Yearly Revenues:	$375,000

Business for Sale Overview:

This authentic Mexican food restaurant has been serving both the professional lunch crowd from local office buildings, and the local family dinner crowd, from the same location since 2000. The restaurant does offer a full-service bar, but only about 10% of total sales come from alcohol. As for the lunch and dinner split, this location does about the same traffic for lunch and dinner. The current owner has another restaurant within minutes of his home, so he has dedicated all of his time to that other location. Currently, this restaurant is run full-time by a single manager, but in order to grow this operation back to the levels it was performing at prior to the new owner taking over, it needs an owner/operator. Prior to being sold, this location generated $90,000 in owner’s cash flow, but is now breaking even. The manager is making $34,000 annually, so immediately a new owner would be able to take that salary for their own while building the revenue and profitability back up.

Property Features and Assets:

The restaurant is located in a retail park adjacent to a high rise office tower. It occupies 4,100 square feet of space and has seating for 100 people. The restaurant has a full-service kitchen and all of the equipment is owned outright and included in the sale.

Market Competition and Expansion:

Competition: This restaurant is located in an extremely high-traffic location on a major road just off the highway. Also, there are several high-rise office towers in the area that make it a prime destination for business lunches. In the evening and on the weekends, the location lends itself to more of a family atmosphere, which explains why total sales are split evenly between lunch and dinner. Growth and Expansion: Simply by having an owner/operator in place, this location will become much more efficient and productive. The previous owner managed the operation daily, which made the restaurant much more successful and profitable.

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 resale opportunity.
• This is not a distressed business or bankruptcy situation.