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Quick Facts
Asking Price: | $349,787 | |
Annual Revenue: | $580,203 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $219,710 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1956 | |
Employees: | 10 | |
BBN Listing #: | 435358453 | |
Broker Reference #: | 0873-654350 |
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Business Overview:
This well-established family-owned and operated business of 65 years has a great reputation in the community and a loyal customer base. They offer authentic Mexican and American food in a warm, friendly environment.
The restaurant is located on the I-25 corridor with over 4 million cars passing through its intersection annually. Ample parking is available and can accommodate cars, trucks, RV's, and semi-tractor trailers.
A complete kitchen remodel and front of the house upgrades were completed in 2019 and offers dine-in and dine-out options. The experienced and tenured staff in place will be a big asset to the new owner.
Not only is there plenty of room for expansion but the option to purchase the real estate. This business is for sale due to retirement.
2020 Financials
Revenue: $497,709
SDE: $143,922
2019 Financials
Revenue: $580,203
SDE: $219,710
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country - listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
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Reason for Selling:
Retirement
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