Exceptional Mexican Restaurant & Bar
| Asking Price: | $650,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $1,200,000 | Real Estate: | n/a |
| Cash Flow: | $260,000 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price |
This is a great american owned restaurant in a great and booming area. The quality of food, service, full bar and patio makes this a very comfortable experience for your customers. The Mexican food category is supreme in Texas and the business has very good reviews. The crew is dependable and works very smoothly and the management dedicates itself to customer satisfaction. Because the rent and food costs are very reasonable the store is very profitable. With no advertising needed, the buyer of this business will keep profiting by the strong expansion of the area. Literally, thousands in the near future. Aside from seating, takeout and catering can be more agressively developed. This is a solid business with accurate books and easy to get lending through the SBA
About the Business
Year Established:2004
Employees:12 full time - 12 part time
Facilities:Strong presence as end cap of a beautiful strip center. Great visability from a major freeway. Approximately 4000 sq. ft., the facility is very attractive and professional with full kitchen, full bar and comfortable dining area. There is also an inviting patio. All equipment is in top condition and all furnishings and the premises as a whole are very well maintained.
Market Outlook and Competition:The restaurant is in an incredible growth area. Thousands of upcoming homes and businesses coming now and the very immediate future means sales will only go up. Having great Mexican food for the area is the most popular category. Competition is limited and the exceptional growth of the area offsets any impact of competitors. Having a full bar is also a huge plus again without any significant competition. Great patio is also great advetising as well.
About the Sale
Reason For Selling:Moving to East coast
Seller Financing:Buyer can assume SBA loan or apply for new SBA loan
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