HSC - Profitable Mexican Restaurant in Anoka

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Restaurant -- Anoka -- Mexican Concept
Asking Price:
$99,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$75,000
included in asking price

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Business Description

Established Mexican Restaurant available in Anoka. Established 14 years. Equipment is in good condition. Busy intersection, Traffic Counts 23,000 HWY 47 VPD and 12,200 Bunker Lake VPD. Operation hours are 11am to 9pm Sun - Th and 11am to 11pm Fri & Sat. Full liquor license. Owner has other interest. New owner will have to change business name and agree to lease terms with the landlord.
- Rent $5,950/month includes trash and water
- Seating approximate: dining/bar 148 and patio 56
- Population 17,400
- Food 80% and Beverage 20%

About the Business

Year Established:
2004
Real Estate:
Leased
Building Sq. Ft.:
4,200
Lease Amount/Mo.:
$5,950.00
Facilities:
- Seating approximate: dining/bar 148 and patio 56
Market Outlook/
Competition:
Market Outlook is excellent. As economy continues to improve, restaurants are showing greater profits, and this area is thriving.
Some competition in the area, but the authentic dishes and excellent service make this place really stand out.
Patio also sets it apart from the crowd.
Growth & Expansion:
Social Media presence could be expanded as well as catering and/or delivery service
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
Available

Listing Info

ID:
1493290
Ad Detail Views:
54

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$
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Business Listed by

Dan McGuire

Hospitality Services Corp.

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Sponsoring Broker:

Jerry Vlaminck
Hospitality Services Corp.

U.S. Census Data for Anoka County, MN
Age

Gender

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 Anoka County, MN
Income

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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