Newer strip center

Richland, MS
Madison County

Suburb of Jackson, MS

Asking Price: Annual Revenue:
$55,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Newer strip center Broker: Thomas Lutes
Owner Financing is Available!
Possible partial.

Quick Facts

Asking Price: $55,000
Annual Revenue: $400,000
Net Profit: $79,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 524057006
Broker Reference #: Not Disclosed

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Business Overview:

The business is a regional Mexican Food Restaurant established 8 years ago in a suburb of Jackson, Mississippi. Owner is a bit overwhelmed with other business and needs to sell to free up time. INCREDIBLE PRICE!
Restaurant has an outstanding reputation for authentic and fresh made Mexican food.
The business is located in a strip center in a nice suburban neighborhood.
Restaurant is well known in the area and services Ridgeland and Jackson Mississippi and surrounding areas.
Very nicely appointed restaurant with 3000 square feet of space. Recently had $10,000 of interior upgrades completed. Liquor license in place.

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Property Features and Assets:

3,000 square feet in newly renovated space with a great bar area. see pics.

Market Competition and Expansion:


Reason for Selling:

Conflicting business.

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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