Owner Financing is Available!
Business Overview:
** Price Reduced to $70,000 ** This restaurant originally opened in 1995 (current owner since 2008). The restaurant has an established following and serves a specialty cuisine and is one of the most well known restaurants in the El Paso market place serving this cuisine. Approximately 2/3 of the sales are from beer/wine and liquor sales with food consisting of approximately 1/3 of the total sales. This restaurant is turn key and includes full recipes and training to be provided to the new owners. Seller will consider some amount of owner financing under the right circumstances. The business would be a good fit for an entrepreneur wanting to get into the restaurant business starting with an established restaurant or could also be a fit for an owner already in the restaurant business that wishes to expand his offerings and locations. The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.
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 location is in a center in close proximity to the largest mall in El Paso. 2,650 sq. ft @ $4,200/mo.
Market Competition and Expansion:
Numerous restaurants are in the vicinity of this business, but the business is somewhat isolated from the nearby competition due to its unique cuisine and niche market. GROWTH POTENTIAL & EXPANSION –The new owner could potentially benefit from increased advertising (mailers/flyers radio and/or TV). Also, the new owner might benefit from adding new items to the menu.
Reason for Selling:
Owner is concentrating on other businesses
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.
Resources: