Cash Cow Absentee Owner Mexican/Hibachi/Fusion Restaurant, San Angelo
Business Description
Well Established & Money Making Restaurant - San Angelo, TX
BUDGET BUSINESS BROKERS:
This is a unique modern Fast Casual Mexican / Japanese Hibachi Fusion Restaurant established in 2017 in San Angelo, Texas about a couple of hour driving from Midland or Odessa, Texas. The restaurant has been successful since its inception in 2017, enjoying year-on-year growth. The restaurant is located in a 2400 SF of a freestanding building offering dine-in, drive through, and delivery services. Annual sales for the last three years is about $1.6 million with a heathy EBITDA in excess of $300K annually. This is an absentee owner business run by an excellent team of 21 employees allowing the owner to spend only about 4 hours a week to oversee the business. The restaurant was voted city favorite restaurant multiple times. This business is SBA preapproved. As such and with rough calculations, the right buyer with an investment of about $250K may recoup their investment in about 20 months. Serious investors, don't let this opportunity pass you.
This is a unique modern Fast Casual Mexican / Japanese Hibachi Fusion Restaurant established in 2017 in San Angelo, Texas about a couple of hour driving from Midland or Odessa, Texas. The restaurant has been successful since its inception in 2017, enjoying year-on-year growth. The restaurant is located in a 2400 SF of a freestanding building offering dine-in, drive through, and delivery services. Annual sales for the last three years is about $1.6 million with a heathy EBITDA in excess of $300K annually. This is an absentee owner business run by an excellent team of 21 employees allowing the owner to spend only about 4 hours a week to oversee the business. The restaurant was voted city favorite restaurant multiple times. This business is SBA preapproved. As such and with rough calculations, the right buyer with an investment of about $250K may recoup their investment in about 20 months. Serious investors, don't let this opportunity pass you.
About the Business
- Years in Operation
- 8
- Employees
- 21
- Facilities & Assets
- Free standing building on a major road.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- Not Disclosed
- Lease Expiration
- 1/30/2027
About the Sale
- Seller Motivation
- Focus on another business
- Transition Support
- 4 weeks
Listing Info
- ID
- 2331338
- Listing Views
- 1382
Listing ID: 2331338 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.