Seller's Contact Information
- RE: Modernized Mexican Restaurant With Bar
- Contact: Stephen Lee
- License #: 567204
Quick Facts
| Asking Price: | $325,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $160,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 5 | |
| BBN Listing #: | 137119188 | |
| Broker Reference #: | 001195 |
Business Overview:
Modern Mexican restaurant with an open kitchen and separate bar area is available for acquisition. This business was established just recently in 2022 by the current owner of the operation. Customers in this business are growing quickly within a wide set of demographics but need time to grow since the business is fairly new. The location of the business is situated next to a major highway known in the area as the busiest highway and a commonly used road for commuters. Residential neighborhoods and apartments carpet this area with new development being done on a year-by-year basis as the city grows. The monthly sales average is around $50,000 - 55,000/month which is steadily growing as the name of the business is organically shared within the local area and through their social media platforms. Although word of mouth is allowing this business to grow, additional marketing tactics in the local area are needed to expand the business. The owner of the business works full-time managing the operation and maintaining the staffing schedules. While this may be a brand new business, this business has a huge opportunity for growth as there are many avenues to expand the business left untapped.
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Property Features and Assets:
This business is located in a 6,200 Square Feet space of a retail strip center with a unique buildout. The interior buildout is modern and simplistic as well as a separate bar area that has the opportunity to expand the customers vastly. / Inventory: $5,000 (Included in listed price).
Market Competition and Expansion:
Competition: Few competitors are within the immediate market area, but this area has a few corporate chains and some similar Mexican restaurants that have completely different demographics and price points. Growth and Expansion: Many forms of marketing are needed to expand the business as this is a newly established business. Word of mouth is steadily growing but needs some time to fully expand outside the local area and expand the customer base.
Reason for Selling:
Other Opportunities.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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