EL PASO, Texas
| Asking Price |
$90,000 |
Year Established |
2020 |
|
| Annual Revenue |
$497,335 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Jamue Gonzalez |
|
| Annual Cash Flow |
$118,975 |
Listing Number |
1003112 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This family-owned Mexican restaurant and bar is well established and known for an extensive menu of hand-crafted Mexican food and house-made salsas. The business has a consistent revenue stream and a growing customer base that appreciates its traditional Mexican design, friendly atmosphere and excellent service.
In addition to the main restaurant and bar, the premises include a private event hall that can accommodate up to 100 guests with ample parking, widescreen television, sound system and karaoke. Food and beverage for the event center is provided by the restaurant.
In addition, the restaurant offers to-go sales, deliveries to bar customers next door and offsite catering.
DUE TO A WELL-TRAINED STAFF, THE BUSINESS DOES NOT REQUIRE A FULL-TIME OWNER-OPERATIOR.
Training to be provided by current owner.
Owner retiring, relocating out of town
The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.
The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.
Listing Broker - For more information, please contact Jaime Gonzalez
Property Features and Assets:
<p>Building rent is approx $1,750/ month and includes a total of approx 4,500 sq ft including the restaurant area, the party hall area and the office and storage areas. Landlord will enter into a long-term lease with a qualified buyer.<br></p>
Market Competition and Expansion:
<p>The restaurant customer base is increasing rapidly and current owners are confident that increasing social media presence would boost sales even more.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity