Fast Casual Mexican Restaurant For Sale In Austin - $185,000 Cash Flo

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Asking Price:
$450,000

Gross Revenue:
$1,005,421
Cash Flow:
$185,297
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Don't miss out on the opportunity to buy this Fast Casual Mexican Restaurant for Sale in Austin, Texas! More than $185,000 in cash flow in the past 12 months, and rising.
This Mexican Restaurant for Sale is the perfect turn-key opportunity. This fast-casual Mexican restaurant for sale from the Restaurant Brokers, open since 1992, has tremendous name recognition and goodwill in the community. The owner is retiring, meaning the new owner can walk right in and take over the owner benefit of $185,000. Plus get the satisfaction of owning a long-term and well-loved establishment.
This great Mexican Restaurant For Sale concentrates on a fresh and healthy version of Mexican food. Austinites love healthy, and they love TexMex... this restaurants delivers both! Fast, healthy, delicious food makes for repeat customers. The order-at-the-counter style of service is speedy and efficient, and can handle a group without a problem. The line to order can and does literally go out the door at peak hours!
The location of this Mexican Restaurant for Sale is perfect; it sits right along one of Austin's major arteries, on the edge of a very wealthy part of Austin. It is easy to get to from the highway. The lively and inviting inside has ample seating for 90 patrons, and the patio accommodates an additional 20. The parking lot is large, so space is never a problem.
The seller is retiring after years of success, giving a new person the opportunity to take over and continue this successful and thriving enterprise. The staff is extremely experienced and will stay on when the restaurant sells, making for an easy transition. This is not a franchise, meaning there is no ongoing fee to pay, but after all these years, it has been streamlined to run like one. Also, all the well-honed recipes transfer to the new owner.
This restaurant presents a fantastic opportunity. The seller is so confident of the restaurant that they are willing to consider some seller financing to qualified buyers. This is a great chance to take over a long-term and thriving local Austin restaurant.

About the Business

Location:
Austin, Texas
Year Established:
1994
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$8,000.00 Per Month
Lease Expiration:
1/31/2020
Facilities:
Coming soon
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
This restaurant is off of a highway in Austin in a location that thousands upon thousands of people drive past every day The area it is in is affluent and the city continues to grow every day The market shows no signs of slowing down and there are
Growth & Expansion:
This restaurant has been here for 23 years In that time the owner has fine-tuned the fast-casual operation This restaurant has great name recognition in Austin and could easily be expanded to another location Sales dipped when road construction was
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About the Sale

Reason For Selling:
Relocation
Training/Support:
2 weeks

Listing Info

ID:
1560378
Ad Detail Views:
126

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Business Listed by

Dave Duce

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Hays, Travis and Williamson Counties, TX
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Ethnicity

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

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U.S. Community Survey Data for Hays, Travis and Williamson Counties, TX
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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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