FOR SALE – CharmingTex-Mex Restaurant in Montréal

Asking Price$99,500

Cash Flow

EBITDANot Disclosed

Gross Revenue$250,000

Inventory$6,000
Included in asking price
FF&E$25,000
Included in asking price
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FOR SALE – CharmingTex-Mex Restaurant in Montréal


Asking Price$99,500

Cash Flow

EBITDANot Disclosed

Gross Revenue$250,000

Inventory$6,000
Included in asking price
FF&E$25,000
Included in asking price
Business Description
Seize this rare opportunity to acquire a warm, well-established neighborhood restaurant with a loyal and stable clientele built up over many years.

Ideally located just a 5-minute walk from the Préfontaine metro station. Easy and always available parking in the area – a real plus in Montreal! With seating for 40, a friendly atmosphere, tasteful décor, and a healthy menu that appeals to lovers of Mexican and Texan flavors, the Tex-Mex menu offers great flexibility and numerous possibilities for culinary creations, perfect for expressing your creativity and responding to market trends.

Very competitive rent, ideal for maintaining optimal profitability. A profitable restaurant, perfect for an owner-operator who wants to be actively involved.

The business is turnkey; no major work is required.

A solid investment with strong growth potential thanks to its strategic location, flexible concept, and excellent local reputation!
About the Business
Years in Operation
21
Employees
5 (1 Full-time, 4 Part-time)
1 Chef, few waitresses/dishwasher
Facilities & Assets
950 square foot with the entire basement same size for storage
Parking always easy and available, rare for Montreal
Lease is until 2030 renewable every 5 year - owner is reactive and very easy to negociate with
Old lease - since 2005
Alcool permit
40 seats inside - small 15 people terrace outside
Website
https://www.facebook.com/restotexmex
Market Outlook / Competition
Several typical Mexican options are available on the main avenue, but nothing compares to the Tex-Mex offering, which also includes all the American options and quality homemade food.
The Tex-Mex menu offers great flexibility and numerous possibilities for culinary creations, perfect for expressing creativity and responding to market trends and low cost
Opportunities for Growth
Highly competitive rent, ideal for maintaining optimal profitability. Profitable restaurant, perfect for an owner-operator who wants to be actively involved.
Huge growth potential if opening more hours
Huge growth potential if using delivery services
Huge growth potential if doing local events
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
900
Rent
$1,930.00 per month
Lease Expiration
10/31/2030
About the Sale
Seller Motivation
Personal travels
Transition Support
I can offer a month of my time to ensure a smooth transition.
Listing Info
ID
2422268
Listing Views
Business Location

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Business Listed by: Maxine Hamel-Michaud

Listing ID: 2422268 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.


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