Mexican Restaurant With Authentic Mexican Cuisine
Not Disclosed, NC Not Disclosed
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- RE: Mexican Restaurant With Authentic Mexican Cuisine
- Contact: Terry Smith
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $495,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $495,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $85,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2013 | |
| Employees: | 7 | |
| BBN Listing #: | 997856 | |
| Broker Reference #: | 13485-652020 |
Business Overview:
Established Mexican Restaurant with Authentic Mexican Cuisine
The most popular Authentic Mexican Cuisine in southeast NC. Operationally survived Covid and transformed its business model to be pandemic proof. Well established online ordering system, utilizing all latest services such as Door Dash, Grub Hub, etc... The last several years has built a reputation for excellent catering & event services. The traditional menu has specialties quite like no other Mexican Restaurant, including their signature White Cheese Queso. The menu is complimented with Mexican Beers and home-made Margaritas. The dining area and kitchen have been recently updated with new coolers, painting, and fixtures providing for the new owner to be a turn-key transition. Well-managed cost controls allow a Buyer to enjoy a well vetted vendor list and a 69% Profit Margin for 2022 and the current calendar year. This ideal for an owner-operator buyer with experience in the restaurant industry.
Contact the Seller:
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Market Competition and Expansion:
Catering Opportunities are only limited to the time a new owner wants to invest. A second location in Brunswick County, the fastest growing county in NC, would be an immediate success.
Revenue is consistent at $500K. This is not fast food therefore the quality of the menu makes it a destination dining venue. Only two other similar restaurants between Midtown Wilmington and Carolina Beach. Advertising mainly done via ChowNow.
Reason for Selling:
The owners recently acquired another business in a non-related industry. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
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