Mexican Restaurant in Sarasota County

Not Disclosed, FL
Sarasota County

Asking Price: Annual Revenue:
$399,000 $1,501,408

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant in Sarasota County Broker: Joseph Nicolini
Owner Financing is Available!
Owner Financing Terms $20,000.00 Owner Financing Interest 6.5% Owner Financing Terms Months 36 Owner Financing Monthly Payment $612.98

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,501,408
Net Profit: Not Disclosed
Cash Flow: $179,017
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 14
BBN Listing #: 5541630
Broker Reference #: 3353439520

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Business Overview:

Mexican Restaurant is located in Sarasota in a well-known shopping center. All food is prepared fresh daily. There is both indoor and outdoor dining. Currently set up as a fast food environment where customers go to the counter and order their food. This could be changed by hiring waiters and waitresses. Expanding the menu to include more complete dishes would not only attract more customers but should also increase profit margins. A second, smaller location, is also available. Please refer to listing #3353-439520, Agent Joe Nicolini when inquiring about this listing. Thank you!

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Property Features and Assets:

Business History: Established and owned for 3.5 years. Type of Location: Strip Center.

Market Competition and Expansion:

Competitive Overview: Company has excellent reviews with many repeat customers. Potential Growth: Increased website presence, expand menu.

Reason for Selling:

Persoanl Issues

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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