Prime Location Mexican Restaurant
Not Disclosed, NJ Burlington County
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- RE: Prime Location Mexican Restaurant
- Contact: Steve Ajmeri
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $32,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $7,800 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 2 | |
| BBN Listing #: | 951584 | |
| Broker Reference #: | 171805-808017 |
Business Overview:
Well established Mexican restaurant in prime location close to many hotels and heavily travelled road in a strip center. Current owner and wife work in the business with 2 other full-time employees. One of the employees has been there for over 3 years.
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Property Features and Assets:
Monthly Rent:$3,900.00
Market Competition and Expansion:
Expansion: Current owner doesn't do much marketing and has no website to advertise. New owner can increase sales by developing a website and increase marketing activities.
Competition: Not many Mexican restaurants in the area.
Reason for Selling:
OtherAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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