Mexican Restaurant - 1,075,000

Business Overview:

Large well-established Mexican Restaurant (opened in 1984) in Eastern Nebraska now for sale. It is large enough for group meetings in the dining room (capacity 140), in addition to the walk-in/drive-thru side which has consistently grossed over $500,000 in revenue. The business has survived street reconstruction and Covid and is only challenged by a shortage of quality employees, as are nearly all restaurants large and small. The business features over $84,000 in furniture, fixtures and equipment and is stocked with $25,000 inventory, all included in the asking price. The building has a new roof (2022), newer HVAC system, and 38 parking spaces. The weighted cashflow for the past 3 years is nearly $60,000.  Seller has owned the business for the past 10 years and wants to retire. He would prefer to sell both the business ($375,000) and building ($700,000) but will consider all offers. For business only purchase, seller will provide a very reasonable lease rate and term. Start 2024 off with a great new opportunity, contact Dennis Huffine, Founder/Partner, BEST Advisors  LLC, for complete details and/or to arrange a private tour with the business owner. Please use reply to this ad button to contact us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

4,480 Square foot building on large corner lot, on busy street.

Market Competition and Expansion:

Growth opportunity includes expanding delivery both in-house and out-sourced. The recipes and concept can be easily replicated, to add other locations.

Reason for Selling:

Retirement

Additional Details:

Documents:

Relevant Links:

• View more Nebraska businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker