Successful Mexican Grill & Bar With Multiple Income Streams

Asking Price$549,900

Cash Flow
$132,156
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,470,692

Inventory$29,500
Included in asking price
FF&E$359,855
Included in asking price
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Successful Mexican Grill & Bar With Multiple Income Streams


Asking Price$549,900

Cash Flow
$132,156
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,470,692

Inventory$29,500
Included in asking price
FF&E$359,855
Included in asking price
Business Description
Great Opportunity
Ready to step beyond the fried ice cream and fedoras?
This Mexican restaurant and bar takes authentic Latin American food to the next level!

Instead of the usual cozy Mexican restaurant, this restaurant elevates Mexican cuisine to the next level of trendy, exciting dishes. Because of this, the restaurant is incredibly popular, having a wait time several times every week. The restaurant is well-loved by the local community with a steady stream of repeat customers.
More than that, it's close to the intersection of several different Chicago areas, allowing it to benefit from a large potential customer base. It also has a steady stream of catering revenue with orders from companies and events filling every lunch rush with tons of orders.

The company also has a incredible team that runs the day-to-day operations. They can handle most of the company relatively autonomously, allowing the seller to run a separate business and spend an average of 20 hours on this Mexican restaurant.

As far as a healthy business goes, this restaurant is very healthy with a happy customer base, a good team of employees, and only takes 20 hours a week to run. It's a great investment and has been growing ear-over-year for the past few years.
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About the Business
Years in Operation
6
Opportunities for Growth
Set for good growth by the end of the year, also just started something new that should increase the growth they're already expecting with several under-utilized income streams. In short: this business is already growing and should increase the speed of its growth soon.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Own Another Business That Needs More Time
Listing Info
ID
2418566
Listing Views
13

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Business Listed by: Gene Townley TNT Business Brokers

Listing ID: 2418566 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 of Use. Learn how to avoid scams.


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