Mexican Grill Fast Food

Not Disclosed, NJ
Somerset County

Highly active commercial Mall

Asking Price: Annual Revenue:
$150,000 $478,127

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Grill Fast Food Broker: Customer Service
Owner Financing is Available!
Also, seller and SBA bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $150,000
Annual Revenue: $478,127
Net Profit: $63,948
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 8
BBN Listing #: 60443909
Broker Reference #: FF432

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Business Overview:

Wonderful modern fast-food franchise which offers a delicious menu of Southwest Mexican favorites with a substantial market up to the bottom line. The owner is absentee, and this retail business has a full staff of experience employees. The business has a newer POS system that registered and identifies the gross sales including other details of sale. The business has no local advertising, no catering or delivery service. This restaurant opened 2014 and expects to have a further increase in gross sales during 2023. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The 2022 yearly gross income as represented by the owner is estimated at $478,127 and the business has a yearly net income of approximately $63,948 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2023 income is expected to be improved with the post pandemic. A formal due diligence is recommended buy broker. The business has been priced at $150,000 which is based on a multiple of the average net yearly income, with consideration to the particular business assets. Also, seller and SBA bank financing is available for this transaction to a qualified buyer with an appropriate down payment, collateral, and credit rating.

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Property Features and Assets:

This business opportunity is in norther New Jersey, Somerset County near to various highways convenient to its many customers. This retail franchise business is located in an active commercial mall. The facility consists of approximately 2,963 square feet with a modern, attractive, and clean appearance.

Market Competition and Expansion:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reason for Selling:

Absentee owner

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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