SBA PreApproved – Mexican Restaurant - Major Price Reduction

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Buy this restaurant for just $27K down to qualified buyer!
Asking Price:
$197,500

Gross Revenue:
$827,930
Cash Flow:
$106,508
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

SBA PreApproved - Mexican Restaurant - Major Price Reduction
Looking for a profitable restaurant concept that’s ready to franchise? SBA Pre-Approved for Qualified Buyer with only 10% down - YES, you could qualify with $27K down! Must have restaurant experience and strong credit. 10 year term available and subject to final bank review. Terrific branding, award-winning, BYOB, independent Mexican restaurant featuring fresh food made right. With a focus on sustainability and organics, a classically-trained chef designed a tasty, healthy and well-balanced menu of Mexican favorites with a twist. From tacos with grilled mahi mahi, grass-fed beef or kalua pork with pineapple to killer nachos, burritos and monster quesadillas, this menu offers variety for the young and old alike. And don’t forget your organic and yogurt smoothies for dessert!
With a menu like this, coupled with service with a smile, it’s no wonder lines are out the door and down the sidewalk. Nestled in a Main Line historic downtown shopping district with heavy foot and drive-by traffic, sales have been strong from day one. They’ve done a lot with just a little advertising, capitalizing on social media, a well-designed website, email campaigns and grassroots marketing efforts! Connected to all local schools, sports and community groups, the owners have built this business to be an integral part of the neighborhood fabric.
How do you take this business to the next level? Open for breakfast, streamline purchasing, and tighten food and labor controls to push profits even higher. Add more seating, expand online sales, and focus on catering. Huge opportunity for continued growth for the right next operator. Expand even further through franchise development program available through broker. All income is verifiable (yes, you read this right!). Don’t hesitate, inquire today.

PRICE: $197,500 USD
GROSS SALES: $827,930 USD
SDE: $106,508 USD

About the Business

Year Established:
2015
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About the Sale

Reason For Selling:
investor group disbanding

Listing Info

ID:
1495898
Ad Detail Views:
670

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Business Listed by

Johanne Sermania

Transworld Business Advisors of Philadelphia Main Line

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