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Business For Sale
MEXICAN FOOD RESTAURANT & CATERING
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Asking Price: |
$70000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Illness |
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Year Established:
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2006 |
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# of Employees:
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7 |
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Yearly Revenues:
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$246,000 |
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Yearly Net Profit:
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$73,622 |
Business for Sale Overview:
This profitable Mexican Food restaurant is in the right location! It's a nice build-out with a modern, attractive decor. The area demographics are heavily Hispanic, and per the seller, is doing well in spite of the current economy. The event/party catering aspect of the business is growing. The seller's responsibilities in the restaurant are limited to administrative duties and running the catering part of the business. A full time manager is in place and is willing to stay, according to the seller.
Property Features and Assets:
Leased location of 1,600 square feet with a total rent of $4,144. Seller is active in business with 1 full time employee and 6 part time employees. $100,000 Leasehold Improvements.
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.
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