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Business For Sale

EXQUISITE MEX/SALVAD RESTAU IN FAST GROWING AREA

Wheaton, MD, USA

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$300,000
Not Disclosed
Not Disclosed
$175.000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
11
459418863

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

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.

Reason for Selling:

Other Business Interest

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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.

Resources:

 

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