GROWTH HISTORY: This Restaurant opened three years ago and had sales of over $300,000 the first year. Sales have increased every year, which is significant in this economy.
MANAGEMENT: The owner is a Real Estate investor and has had no experience in the restaurant industry. He only stops in to see how things are going, but he does not work there. With the amount of sales generated, a new owner with restaurant experience can probably make this business very profitable.
Inside seating for 60; also carry out and a drive-up window. Restaurant is just over three years old and very clean. Located next to a residential area, with other commercial businesses near by. Act now! Priced for Immediate Sale!
About the Business
- Year Established:
- Number of Employees:
Like new. Only 3 years old. Located in Ogden, one of the best recognized cities, nationally, to do business. Seller will lease space of approx. 3500 square feet; and it seats approximately 60. If the new owner wants to buy the building, there s a total of approx. 5150 sq. ft. They are open 7 days a week. Price $80,000. $40,000 Down balance ($40,000) over 48 months at 8% per annum For the Real Estate: Price $489,000 SBA or Commercial Real Estate loan Or, the entire operation (business & building) can be leased.
Sales and profitability have increased every year. Further increases could be easily obtained by marketing, and by experienced management. There are several Mexican Resaurants in Ogden. This one can be one of the best with improved marketing and management.
About the Sale
- Reason For Selling:
Seller doesn't know restaurant business; has other investments
Employees will want to stay on; but a new manager with restaurant experience can make the business profitable quickly.
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