Business For Sale

Longstanding Mexican Restaurant – Includes R.E.

Not Disclosed, KS
Labette County


Asking Price: Annual Revenue:
$900,000 $1,273,500

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Longstanding Mexican Restaurant – Includes R.E. Broker: D. Curtis
Owner Financing is Available!
As needed to obtain a SBA loan.

Quick Facts

Asking Price: $900,000
Annual Revenue: $1,273,500
Net Profit: Not Disclosed
Cash Flow: $298,700
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: $450,000
Year Established: 1983
Employees: Not Disclosed
BBN Listing #: 79547212
Broker Reference #: Not Disclosed

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Business Overview:

This Mexican Restaurant and Bar is in southern Kansas and has been in business for 34 years. The current owner is selling due to medical issues and seeking to retire. The restaurant is very well known in the area and it is not uncommon for customers to drive in from surrounding cities to eat there. There are limited choices in quality Mexican restaurants in the area, so the business has built a very loyal customer base by providing quality food and service. The business currently generates over $1.2 million in sales with a cash flow to an owner of $295k. There are a few opportunities an owner can capitalize on to increase the revenue and generate additional cash flow to the owner. The building was completely rebuilt in 2001 and is valued at $450k. The real estate and building are included in the sales price of $900,000! Contact us today to learn more about this opportunity!

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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