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Business For Sale
MEXICAN GRILL AND CANTINA
Attn:
Kenneth Teusink
North Houston, TX, USA
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Listing Number: "N1141-KT"
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Listing
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Asking Price: |
$850,000
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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To reduce debt |
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Year Established:
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2004 |
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# of Employees:
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30 Full Time / 30 Part Time |
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Yearly Revenues:
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$2,190,610 |
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Yearly Cash Flow:
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$344,198 |
Business for Sale Overview:
This lively and popular Mexican Grill and Cantina is a favorite gathering spot in a fast growing recreational area North of Houston. Whether enjoying a great dinner or staying for drinks and live music, area patrons return in ever growing numbers. The lively atmosphere is created by its authentic-looking Mexican decor and leasehold improvements and experienced management staff that handles day-to-day operations. Its festive atmosphere is enhanced by 4,200 square feet of outdoor patio with eating/drinking and weekend music that overlooks the water. The business is operated on a "formula" system which should allow a smooth transition. Seller is willing to finance part of the purchase to the right buyer. A Must See.
Property Features and Assets:
7,500 square feet building with $8,700 monthly rent.
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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