Mexican Restaurant for Sale RIGHT Next to University of SC!

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Asking Price:
$240,000

Gross Revenue:
$833,399
Cash Flow:
$81,167
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Lucrative Mexican Restaurant for Sale Practically on University of South Carolina Campus! With Sales over $830,000 and Strong Earnings, this Opportunity WILL NOT LAST!
This Mexican Restaurant for Sale is in the best location you could ever imagine - within maybe a 3-minute walk to the University of South Carolina! Yep, that's right! These restaurants going up for sale so close to campus are rare, as the fast-casual market practically exists for the college-aged demographic! This Mexican Restaurant for Sale ALSO has a full bar. Topping the average college student's food pyramid is mixed drinks in a hip and trendy setting - which is EXACTLY the vibe that this spot exudes.
The University of South Carolina aside, there are also plenty of other businesses that draw in the customers; For instance, there are over sixteen student and non-student affiliated apartment complexes within three-mile radius! Not to mention the multiple hotels, big box stores, high-end markets, museums, and parks -there are limitless marketing opportunities! With third-party delivery systems in place, this Mexican Restaurant for Sale has endless opportunities to take advantage of! We Sell Restaurants rarely sees such an incredibly located business with all of the added benefits; patio, massive square footage, reasonable lease rate and MORE!
Even if your funds don't quite match your fire for the restaurant business, don't fret! This Mexican Restaurant for Sale qualifies for SBA lending! We Sell Restaurants has a long rapport with both conventional and SBA lenders and can get you answers in days - not weeks!
This beautifully built-out Mexican restaurant for sale features a massive 3550 square feet of space. There is also quite a bit of space outside on the patio. Whenever there is a temperate afternoon in South Carolina, the outside patio is full of students studying, laughing, hanging out - it is the perfect spot after an arduous day of classes! At the monthly lease rate of only $8,229.52 per month, with taxes, insurance, and CAMS included.it's also a fantastic deal! The current lease expires on December 15, 2022, giving you plenty of time to settle in and take this store to the next level!
Opportunities like this one don't come around often! With the location, incredible demographic, beautiful and massive build out - you really cannot ask for a better way to start off. Don't deal with the stress and headaches of build-outs and permits. Your time IS money and you're wasting it by building from scratch! This Mexican Restaurant for Sale is already open and operating. Not to mention it is profitable! Starting from the ground up means years before you even hit break-even!
Don't crawl from the bottom with a blank building. Start from the top with this Extremely Lucrative Mexican Restaurant for Sale. Don't wait too long, though! This rare chance to hit the ground running won't last long, so call We Sell Restaurants today!

About the Business

Location:
Columbia, South Carolina
Year Established:
2016
Number of Employees:
22
Real Estate:
Leased
Building Sq. Ft.:
3,700
Rent:
$8,214.00 Per Month
Lease Expiration:
12/31/2022
Facilities:
To be Provided Upon Request
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Full liquor license franchise with outdoor seating and a loyal customer base
Growth & Expansion:
Plenty of room for growth and expansion Located in a very densely populated area you could open a location across town or in a neighboring city
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About the Sale

Reason For Selling:
Relocation

Listing Info

ID:
1629979
Ad Detail Views:
0

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Business Listed by

Eric Gagnon

We Sell Restaurants
License# H49152

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U.S. Census Data for Lexington and Richland Counties, SC
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 Lexington and Richland Counties, SC
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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