Mexican Restaurant

Not Disclosed, KS

Asking Price: Annual Revenue:
$350,000 $1,156,055

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant Broker: Scott Belden

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,156,055
Net Profit: Not Disclosed
Cash Flow: $167,843
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 18
BBN Listing #: 10304955
Broker Reference #: 5516-15057

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Business Overview:

This is a 2nd generation, well-established, profitable Mexican restaurant and bar. It has been operating in the same highly visible downtown location for more than 30 years. Their central location allows them to serve the working community by day and a 60-mile radius of customers by nights and weekends.

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Property Features and Assets:

Built in 2001 this stucco facade restaurant and Cantina occupies about 5,500 square feet of space with a covered patio area that could be converted to indoor space. The real estate is available for purchase at $500,000. Assets=$83,250

Market Competition and Expansion:

Their social media presence accounts for a great deal of the marketing for this restaurant. They have 4.5 star reviews (or greater) on Facebook, Google and TripAdvisor. They have nearly 400 Google reviews. Currently this restaurant is open Tuesday through Saturday. There is potential for growth by opening for business on either Sunday or Monday or both days.

Reason for Selling:

The second generation owners are ready to retire.

Additional Details:

  • The property is owned.
  • The owner is not 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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