Seller's Contact Information
- RE: Full Mexican Restaurant & Buffet W Prime Location
- Contact: Trent Lee
- License #: S.0183611.LLC
Quick Facts
| Asking Price: | $75,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 32 | |
| BBN Listing #: | 25535142 | |
| Broker Reference #: | 101-21907 |
Business Overview:
This is a fantastic full Mexican restaurant with buffet on track to gross over $1,200,000 this year. The seller opened this right during covid and has run out of funds. It currently breaks even but it not profitable and the seller must sell and move on. Ideal buyer is someone with restaurant operation experience in order to help control food and labor cost. Landlords owns everything, all FF&E and kitchen equipment. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).
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:
This is a leased location of 4,156 square feet with a Total monthly rent of $12,258. Lease ends 01/2030 with One 5-years options. Seller is active with 16 Full Time and 16 Part Time employees. Hours of operation are 9am-9pm Monday to Sunday. $5,000 in inventory included in the asking Price. Liquor – Restaurant - Supper Clubs license required.
Reason for Selling:
Breaking even, not profitable and seller is out of.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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