Mexican Restaurant In Elijay GA
Not Disclosed, GA Gilmer County
Seller's Contact Information
- RE: Mexican Restaurant In Elijay GA
- Contact: Steve Weinbaum
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $805,718 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $93,696 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 11 | |
| BBN Listing #: | 14758096 | |
| Broker Reference #: | 9693 |
Business Overview:
This Profitable Mexican Restaurant for Sale is located in Ellijay Georgia in Gilmer County and Checks all the right boxes. Verifiable Books and Records Show Over $90,000 Earnings for 2022 on $800,000 in Annual Sales. A Low Rent of $4750 Per Month and Ten Years of Continuous Operation in the Same High-Traffic Location Make this a Rare Find. Add SBA and Owner Financing Options for a Well Qualified Buyer and you have very desirable Opportunity that won't last. PRICED TO SELL AT UNDER $200,000. This Profitable Mexican Restaurant for Sale has been open and operating profitably for ten years. The location is in a very busy shopping plaza on a high traffic road. You would think that for a location like this rent would be upwards of $20 per square foot but for this 4000 square foot site that can accommodate 168 guests inside and an additional 25 on their outdoor patio, the rent is less than $5000 per month. We Sell Restaurants is offering this Profitable Mexican Restaurant for Sale that is located just over an hour north west of downtown Atlanta in Ellijay, Gilmer County has a terrific mix of full time residents, businesses, and visitors who visit all tear round for fun outdoor activities such as Apple Picking, Hiking, Antiquing, and even animal farms. Gilmer Georgia is a great place to live full time, own a business, or as a vacation destination. This Profitable Mexican Restaurant for Sale serves all the traditional dishes such as Tacos, Fajitas, enchiladas as well as a full bar that serves up fresh and frozen margaritas and lots of draft beer choices. Annual sales have been consistently trending to be $800,000 generating owner earnings of over $90,000. The restaurant is fully staffed and the current owner will train for two weeks to ensure you continue on with the restaurant's successful revenue and profit trends. Don't miss out on owning this extremely successful restaurant priced to sell. Verifiable books and records should easily qualify for SBA lending with as little as 20% down and the owner will consider seller financing for a well qualified buyer. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
KITCHEN 2 Fryers 2 Grills 24 by 36 1 8 keg cooler 1 beer cooler 1 freezer for beer mugs 1 refrigeration unit 1 6 burner range with oven 1 commercial oven 1 2 burner gas range 1 3 door 72 inch refrigeration unit 1 steam table 3 reach in freezers 1 under counter refrigerator with 6 drawer chef base All shelving All serveware All cookware DINING AREA 32 Tables 3 Bar Tables 58 Chairs 18 bar stools 5 single back booths 13 double back booths 5 patio tables 25 patio chairs security system with 8 cameras 5 TVs Sound system
Market Competition and Expansion:
Established Local Favorite Open and Operating in Same Location for over 7 years
Reason for Selling:
Relocation
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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