Business for Sale Overview:
** Price Reduced to $125,000 ** This profitable restaurant/bar is located in a growing community just East of Plano, Texas. In 2005 the owner started the business as a small take out business and has grown it into a profitable full service restaurant/bar. The business specializes in authentic Mexican cuisine highlighting the flavor, culture and the spirit of family traditions. The restaurant is known to have the largest Tequila Bar in the North Dallas area. Gross Sales for January through May 2009 are approximately $312,168. This business is set to be taken to the next to level. A new owner could expand and promote the bar aspect of the business more. (Financials based on 2008 actual) Seller promotes business with mailers, word-of-mouth & website. Hours Sun-Thurs 8am-10pm; Fri - Sat 8am-midnight This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
3,670 square feet at $6,703 per month. Lease expires 9/30/09.
Reason for Selling:
Family Issues
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.