Mexican Restaurant & Bar - Quick Growing

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Asking Price:
$175,000

Gross Revenue:
$554,789
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$122,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

The owner grew this Mexican Restaurant and Bar from $152,000 in 2016 to $554,789 in 2017. The income has not caught up with the cost of growth. They are well located on a high traffic corner, great signage and cozy patio. They have a beautiful website, new bar, good reviews, creative menu and strong following. Family ownership should offer immediate profitability.

About the Business

Location:
Bakersfield, California
Year Established:
2016
Facilities:
5,809 sq. ft. leased space
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About the Sale

Reason For Selling:
Other Business Interests
Training/Support:
Seller will negotiate a transition period

Listing Info

ID:
1572159
Ad Detail Views:
16

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Business Listed by

John Willingham, CBI, CCIM

Sunbelt Business Advisors
License# 556588

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