2 Mexican Restaurants & Bars - Central TX

Not Disclosed, TX

Metro Area


Asking Price: Annual Revenue:
$1,200,000 $2,622,012

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 2 Mexican Restaurants & Bars - Central TX Broker: Jeff Goldblatt

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,622,012
Net Profit: $425,887
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 40
BBN Listing #: 962543628
Broker Reference #: 42060293

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Business Overview:

AMAZING OPPORTUNITY - We are excited to offer two franchised Mexican Restaurants with full-service bars & patios in a fast growing city in Central Texas. Beer, Wine & Liquor account for 24% of the total sales while food & non-alcoholic beverages account for 76% of the $2.6M revenue for 2019. Currently offering live music on the patio greatly enhances their guests experience helping the restaurants build a fiercely loyal customer. This franchisor has experienced great growth with their concept and won so many company & local awards. This Franchisor's FDD for 2019 states the investment for a new franchised restaurant ranges between $858K to $1.3M, so why would you purchase a new units when you can buy this 2-unit operation that is cash flowing at such great value? This owner has already undertaken the most difficult part of opening new units, from building out each location through building a loyal following. The two restaurants are positioned for the next owner to prosper. You may ask yourself why an owner would want to sell this opportunity when so much growth & profit is ahead? The simple answer is retirement. To receive our Non-Disclosure & Buyer Profile document so that you can receive detailed information on this amazing opportunity, please submit an inquiry through the business for sale website that you are viewing this opportunity.

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Property Features and Assets:

First unit was built out in 2016 & the second unit in 2018, thus the restaurants are current with the brand requirements. Great atmosphere, very genuine!

Market Competition and Expansion:

While there are other restaurants in this category, none that have the branding & reoputation of this brand. They are also in the best locations in this metro area.

Reason for Selling:

Retiring

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 a franchise resale opportunity.

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