Burrito Loco Franchise - Mentor on the Lake - Turn Key

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Asking Price:
$199,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$7,500
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

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

Year Established:
2013
Number of Employees:
14
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,400
Rent:
$1,795.00 Per Month
Facilities:
Includes all necessary equipment and smallwares to operate.
Website:
letusrollyouone.com
Market Outlook/
Competition:
Mentor on the Lake does not have any Mexican category competition.
Growth & Expansion:
Proven strategies, processes, and strong recipes will provide growth through franchise sales.
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About the Sale

Reason For Selling:
To focus on franchise growth and the opening of the third location.
Training/Support:
Franchisor will provide two weeks of complete training.
Seller Financing:
1/2023

Listing Info

ID:
1391338
Ad Detail Views:
809

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Business Listed by
Trish or Jeff Spring
U.S. Census Data for Lake County, OH
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Lake County, OH
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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