Business For Sale

Mexican Restaurant For Sale: Drastic Reduction!

Sarasota, FL
Sarasota County

Asking Price: Annual Revenue:
$49,000 $320,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant For Sale: Drastic Reduction! Broker: Denis Burke
Owner Financing is Available!
$100K Down $30K Seller Finance

Quick Facts

Asking Price: $49,000
Annual Revenue: $320,000
Net Profit: Not Disclosed
Cash Flow: $74,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 5
BBN Listing #: 905445879
Broker Reference #: DB101MEX

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Business Overview:

DRASTIC REDUCTION! WAS $179,000.Now $130,000! ****
Seller very motivated - moving Out of State. Possible E2 Visa Qualifier. Bilingual Spanish/ English Manager/Employees. Mexican "fastest casual" is one of the HOTTEST sectors in the Restaurant Business. The Restaurant has seating for about 50 people and serves numerous traditional Mexican favorites. This can be a semi-absentee opportunity or family run. The restaurant is very "entry level" and "lifestyle-family" friendly, meaning you don't need much Restaurant experience and you can work maybe 20 to 25 hours a week. The restaurant IS NOT a grind and it literally runs itself. If you don't have all the money you need, I may be able to get you pre-approved for an unsecured Business Line of Credit.

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Property Features and Assets:

Rent is very low at only $1,750 per month The space is a strip center end cap with extremely high visibility on one of Sarasota's busiest streets. Overall size is 1,800+/-square feet. Restaurant has a wine & beer license.

Market Competition and Expansion:

This is a Unique Mexican Restaurant with lots of eat in and Pick Up-To Go Business. Competition is normal in the Restaurant Industry. Catering & Delivery can significantly add to this Business. Also, re-opening on Sundays would make a difference. There is the possibility to add some outdoor seating.

Reason for Selling:

Time for Change. After 20+ years wants to do somet

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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