Business For Sale

Mexican Restaurant Must See to Appreciate

Not Disclosed, WI
Milwaukee County

Asking Price: Annual Revenue:
$160,000 $268,837

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant Must See to Appreciate Broker: Eric Stewart

Quick Facts

Asking Price: $160,000
Annual Revenue: $268,837
Net Profit: Not Disclosed
Cash Flow: $12,346
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 197054385
Broker Reference #: 20081-199364

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Business Overview:

Perfect business for someone that wants to start new and fresh, but already has established customer base. Beautifully located in Milwaukee, Wisconsin near professional sports venues, and several large local employers. The location is also nestled into an established neighborhood, starving for an authentic Mexican eatery that they don't have to drive several miles to. Established by a local restaurateur visionary early 2018. He would like to see the right person walk in and take off running with immediate success. This great business is already cash flowing and is primed for an explosion. Sales in the first 6 months of existence already exceeded $270,000, with a gross sales margin of 82%. Newly remodeled real estate is also available for purchase.

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Property Features and Assets:

The owner started this business to add to his portfolio of two other already successful restaurants in the greater metropolitan Milwaukee area. The owner intended to work in the restaurant, but due to an injury, he hired competent management and staff to run the operation for him. The restaurant started with nothing in March of 2018 and has grown to produce $30,000+ in sales per month. It is a great start.

Market Competition and Expansion:

There are no competing restaurants of this type for more than 15 miles. Smaller, fast food, and fast casual establishments do exist in a closer proximity. However, this full-service ethnic restaurant appeals more to the clientele base in the immediate area. There are more than 4,000 management, and c-level positions within walking distance of this fine establishment. The growth potential is limitless. Drawing from the affluent neighborhood, and large employers in the area will only grow in popularity as the reputation continues to spread. With continued internet exposure and spreading of word-of-mouth, this restaurant is perfectly positioned for organic growth. A small advertising budget (only $2,000 spent to date) will propel the growth.

Reason for Selling:

Other interests.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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