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Business For Sale

AUTHENTIC MEXICAN RESTAURANT

Attn: Alex
Crown Point, IN, USA
Listing #: 94923957
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Asking Price: $150,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Relocating.
Year Established: 2003
# of Employees: 6
Yearly Revenues: $120,000 annually
Yearly Cash Flow: $50,000
Yearly EBITDA: $50,000
Yearly Net Profit: $50,000
Yearly Gross Income: $120,000
Monthly Payroll: $2500
 

Business for Sale Overview:

Chachan Cirty Burrito's has been operated by Lucio Gonzalez and his family since its birth in 2003. The company has been honed and refined to achieve the maximum profit. The dining area is decorated with pictures and artifacts from Chachan City Mexico (Lucio's home town). The menu consists of a wide variety of authentic Mexican dishes.


Property Features and Assets:

The property is located at 9071 E 109th St. in Crown Point Indiana. The space is 2500 sq ft located in the Center of a strip Mall that is also home to a Dollar General, a mortgage bank, a night club, a real estate firm and soon an Ace Hardware. The strip mall is located at the entrance of a sub division known as Four Seasons (population of about 10,000). The kitchen equipment, mechanical systems were installed new in 03 and have been well maintained.


Market Competition and Expansion:

Currently the only competition for Mexican food is 5 miles away. There are however four restaurants within a mile. The space next to the restaurant is vacant and available if more dining is required. Liquor is not currently being served but a license can be applied for. The kitchen, dining area and location could be easily made over into any type of restaurant if Mexican was not the desired type of food to be served.


Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner may be 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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