Absentee-Owned Well Known Mexican Restaurant/Bar

Canton, GA
Cherokee County

Asking Price: Annual Revenue:
$325,000 $900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee-Owned Well Known Mexican Restaurant/Bar Broker: Driss senhaji

Quick Facts

Asking Price: $325,000
Annual Revenue: $900,000
Net Profit: $172,800
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 16
BBN Listing #: 253456631
Broker Reference #: Not Disclosed

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Business Overview:

Featuring fresh made-from-scratch authentic tacos and Mexican food, serving delicious appetizers, tortas, tacos, quesadillas, burritos, tostadas, entrees, and their amazing specialty dishes along with tasty Mexican sides and a full bar.

Average monthly sales of $89,000 a month (continuous monthly growth) with the owner netting $14,400 per month, General Manager and assistant manager in place, fully staffed operation.

Seller is not on-site and spends minimal time at the restaurant to go over sales reports and make sure everything is running smoothly. Training would be with key staff members. Turn-key opportunity, an active owner could take this operation to the next levels and duplicate the concept in other locations.

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Property Features and Assets:

3,150 square feet plus patio, adjacent to a super busy Publix supermarket with a gross monthly rent of $5,099 a month that includes taxes, insurance, and common area maintenance. Current lease expires in 2028 and two options to renew for 5 years each.

Market Competition and Expansion:

Everything made from scratch including house-made tortilla chips, tortillas, churros and more. Only the freshest quality ingredients locally sourced. Tasty well-crafted fare. Authentic flavors. Incredible taste combinations. Creative real Mexican food. Gourmet Mexican comfort food. Excellent local Mexican cuisine.

Reason for Selling:

Other Interest.

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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