Business For Sale

Mexican Restaurants $450K avg. net income RE avail

Not Disclosed, UT

Wasatch Front


Asking Price: Annual Revenue:
$1,200,000 $2,218,174

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurants $450K avg. net income RE avail Broker: Elizabeth Bellit
Owner Financing is Available!
Some seller financing is negotiable for a qualified buyer.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,218,174
Net Profit: $299,878
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $240,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 40
BBN Listing #: 83094931
Broker Reference #: Not Disclosed

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Business Overview:

For 20 years, this 2-location Mexican restaurant operator has served quality food to the Wasatch Front. They provide high-quality, freshly prepared Mexican food served by well-trained, customer-focused employees. There is a full liquor license in both locations, which are in affluent areas with populations that have a high propensity for dining out, from fast food to family restaurants to fine dining. The business is currently absentee-run. The owner gave all employees a pay raise in 2018, which is reflected in that year’s lower net income. Over the last 4 years, the business has average over $450K in net income.

One location seats 220, including 30 on an outdoor patio. The other is a free-standing building on an acre that seats 100 inside/20 outside, with an existing but unused drive-through window.

Business could be expanded by increasing marketing efforts via delivery services like Uber Eats and Grub Hub, adding catering, and reestablishing drive-through service in the free-standing location. Real estate is available for $2,550,000, some seller financing is negotiable for the business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

One location approximately 6,400 square feet, other location approximately 4,300 square feet.

Reason for Selling:

Other business interests.

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.

Relevant Links:

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