Profitable Mexican Restaurant For Sale - 20 minutes Outside Raleigh NC

Contact Seller
Asking Price:
$144,000

Gross Revenue:
$461,613
Cash Flow:
$74,049
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Profitable Mexican Restaurant For Sale in Desirable Wake County. Located Only 15 Miles West of Raleigh. Verifiable Books and Records Showing Annual Sales of over $450,000 and Over $70,000 in Owner Earnings. Priced to Sell at Only $159,000. Five Years of Operations Should Qualify This Business for SBA Lending.
Don't miss out on this opportunity to own this profitable Mexican Restaurant for Sale just outside of Raleigh North Carolina located in Wake County, the second most populated county in North Carolina with over 370 thousand households and 28 thousand businesses. The median home value is over $240,000 with an average household income of over $70,000. What does all this mean? This area has residents and workers with disposable income looking for eateries with well prepared food at a value and friendly service in an inviting atmosphere. This profitable Mexican restaurant for sale has all that and more.
This Mexican Restaurant for Sale offered by We Sell Restaurants is beautiful inside. At 3800 square feet plus a patio, there is plenty of room to comfortably accommodate its guests and patrons. Seating capacity inside is around one hundred with outdoor capacity for another 30+ to enjoy the beautiful North Carolina weather.
Located in an easy-to-access shopping center, there is plenty of parking at this Mexican Restaurant for Sale. The menu is simple and authentic serving some of the area's best Nachos, Tacos, Fajita's, and all the other traditional dishes you would expect to enjoy in this profitable and authentic Mexican Restaurant for sale offered by your Restaurant Brokers. The dinner menu maximizes revenue with a wide range of price points while a separate lunch menu focuses on local workers and employees with meals under $10. There also is a full bar with big screen TV's serving up margaritas, draft beer, and other libations.
After five years of running this profitable Mexican Restaurant for Sale, the owner has decided to pursue other opportunities and has priced it for a quick sale. Based on the location and size of this restaurant, a new owner should be able to drive incremental revenue and cash flow.

About the Business

Location:
Wake County, North Carolina
Year Established:
2013
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
3,800
Rent:
$8,094.00 Per Month
Lease Expiration:
9/30/2023
Facilities:
Equip list 29 tables 18 boths 48 chairs 7 bar chairs frozen margarita machine 4 tv 39 2 counter top bar refrigeration Draft beer cooler 4drafts 1 walk in cooler 1 walk freezer 2 preparation sinks 78 3 compartment sink 1 two door refrigeration 100 gallons water heater new 2fryers 1chark grill 10 burners stove oven 72 griddle steam table 5divitiobs 2 sandwich preparation coolers 1 nacho chip warmer 1 ice maker machine 2 microwaves
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Local Favorite Good Social Media Feedback
Growth & Expansion:
Additional Marketing Expand Menu
Contact the Seller

About the Sale

Reason For Selling:
Relocation
Training/Support:
Yes

Listing Info

ID:
1563171
Ad Detail Views:
81

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Steve Weinbaum

We Sell Restaurants
License# GA SL 365512

 Show Phone Number

View My 38 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Wake County, NC
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 Wake County, NC
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.


Similar Listings


Report an Issue 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 & Conditions.