Business For Sale

Semi-Absentee Mexican Restaurant Norwalk CT

Norwalk, CT
Fairfield County

Asking Price: Annual Revenue:
$599,000 $1,850,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Semi-Absentee Mexican Restaurant Norwalk CT Broker: Henry Galasso
Owner Financing is Available!

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,850,000
Net Profit: Not Disclosed
Cash Flow: $304,056
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 20
Employees: 18
BBN Listing #: 227635273
Broker Reference #: 11498

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Business Overview:

Amazing opportunity to own this SEMI-ABSENTEE Mexican Restaurant in Norwalk, CT. This business had been open over 20 years and does $35,000 a week in sales. The owner spends only 20 hours a week in the restaurant MAX. They currently have a verifiable cash flow of $244,000 a year, which does NOT include the owner’s $60,000 per year salary, making tru cash flow $304,000. There is also additional opportunity for an owner operator to reduce expenses, because restaurant has a General Manager, 3 assistant managers, and an owner's assistant. The owner is willing to hold a small note which could include inventory. All the numbers are 100% verifiable through the owners P&L statement. Please have POF ready, before asking to see the P&L. Hurry this listing is priced to sell.

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Reason for Selling:


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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