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Business For Sale

MEXICAN GRILL AND CANTINA

Attn: Kenneth Teusink
North Houston, TX, USA
Listing Number: "N1141-KT"
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Asking Price: $850,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: To reduce debt
Year Established: 2004
# of Employees: 30 Full Time / 30 Part Time
Yearly Revenues: $2,190,610
Yearly Cash Flow: $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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