High Volume Mexican Beachside Restaurant for Sale

Not Disclosed, FL
Brevard County

Asking Price: Annual Revenue:
$449,000 $1,655,327

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Volume Mexican Beachside Restaurant for Sale Broker: Dan Carelli

Quick Facts

Asking Price: $449,000
Annual Revenue: $1,655,327
Net Profit: Not Disclosed
Cash Flow: $157,365
Total Debt: Not Disclosed
FF&E: $114,002
Real Estate: Not Disclosed
Year Established: 1989
Employees: 28
BBN Listing #: 29074955
Broker Reference #: 1034-16849

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Business Overview:

Live & work at the beach! High volume restaurant has been a local favorite for 32 years. Located across from one of Brevard's most beautiful beaches, close to several large hotels & steps away from a large community. Family friendly Mexican restaurant with full liquor bar. Experienced buyer will see this as a diamond in the rough. Buyer with a strong background in restaurant operations can easily make this successful location even more profitable! Sellers will only consider financially qualified buyers with successful industry experience.

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Property Features and Assets:

75 Seats inside 50 seats on outside covered porch. Assets = $160,232.

Market Competition and Expansion:

No major competition. Long established business well known by the local beachside community. Wages are 39% of gross revenue. Strong management should be able to operate at 30%. This would add $100,000 to bottom line.

Reason for Selling:

Seller is ready to move on.

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.

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