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Business For Sale
EXQUISITE MEX/SALVAD RESTAU IN FAST GROWING AREA
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Asking Price: |
$300000
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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Other Business Interest |
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Year Established:
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2004 |
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# of Employees:
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11 |
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Yearly Cash Flow:
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$175.000 |
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Yearly Gross Income:
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$750000 |
Business for Sale Overview:
This is the opportunity potential business owners dream of: to step into an existing, turn-key, profit-making restaurant in one of the fastest growing communities in Maryland. Menu items get their influence from traditional Mex-Sal roots. Classics like enchiladas, chimichangas and fajitas are joined with more. A full-service bar area where customers not wanting to eat can come have a drink, unwind and enjoy satellite TV. The bar atmosphere is a big draw to this restaurant because it is one of the few local restaurants that has a full liquor license and can operate as a bar as well. The owner has made several significant upgrades, including new kitchen equipment, a modern POS system, as well as the finish-out construction that make this restaurant a notch above all the rest. There is ample seating for 150, including the bar area and party room inside. Not only is this restaurant a great place for people to come and eat, but also for evening entertaiment, bands, karaoke and may possibilities.
Property Features and Assets:
This is one of three restaurants you can buy one o all for $ 1.500.000 please visit this site to see more pictures. www.mill3nnium.com
Market Competition and Expansion:
Great location on a major road. This restaurant is located minutes from booming residential developments in every direction in one of the state’s fastest-growing areas. The current business owners have been in the mex/salv restaurant business and same area for almost 10 years. This restaurant has it all: great location, loyal customer base, dedicated employees, and good food. The current owners have not pursued any advertising. By advertising in local city magazine mailers a new owner could see an increase in overall sales, as well as by adding new lunch specials to the menu. This restaurant has a full liquor license; by staying open later and catering to the bar side of the business, a new owner could see a drastic jump in sales.
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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