Asking Price: $199,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $7,500 not included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Highly rated quick serve Mexican restaurant, Burrito Loco, is now expanding. Franchise opportunities are available for the existing Mentor on the Lake location and also new territories.
This Mentor on the Lake location is priced at $199,000 with NO FRANCHISE FEE! Here is a FANTASTIC opportunity to get into a growing franchise in a hot category! Includes all existing equipment and smallwares to operate the business without any interruption when transferred! Franchisors are only selling this location to concentrate on the growth of the franchise and the completion of the newest location already under construction. Franchisors will allow franchisees to own multiple locations.
Shift managers and an Assistant manager are in place that run the day to day operation except placing the orders, scheduling and book keeping. The managers could easily be taught to do it all, we have just preferred to do these ourselves.
Growth Opportunities exist with advertising online ordering, catering, delivery, and promotion events with our new mascot! We just added tortas to our menu.
There will be no franchise fee for this exisiting location and the royalty fees are low! The local franchisors will always be available for support. Two weeks of training is included, but will not be limited to that if buyer is not comfortable after the two weeks. We want you to be successful!
The website, letusrollyouone.com is now under construction with a professional website builder and will be finished very soon. It will offer online ordering of pick up, catering and an online merchandise store.
Please email us with questions and please be discreet when visiting the location. Thank you!
With ratings of 4.9 of Facebook and 4.5 / 4.7 on Google, we lead the category in our market.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,795.00 Per Month
Includes all necessary equipment and smallwares to operate.
Burrito Loco Franchise - Mentor on the Lake - Turn Key
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