Mexican Fast Food Restaurant In Somerset County For Sale

Business description

Three years young Mexican Grill and BBQ fast food business located in a major mall food court. Second highest grossing concept in the mall, serving breakfast, lunch and dinner. Southwestern in feeling, the menu offers the customers three Mexican and three Barbeque options with a variety of side dishes. This is a turnkey operation with the business process refined to maximize gross profit. All equipment purchased new. Owner works 25 hours a week in the business, splitting time with his well established local restaurant. Due to family and health issues, owner cannot spend enough time to take this business to the next level.

The business is offered at $340,000 which includes the fixtures and equipment valued at $145,000, and the inventory. Owner will accept a down payment of $260,000 and finance the $80,000 balance for qualified buyers. The seller is very motivated and will consider all reasonable offers.

For more detail contact Paul Holveck by clicking on the contact seller button below.

Property information

Premises details:

All equipment purchased new and in excellent condition. Location has plenty of parking

Business Operation

Expansion potential:

A full time owner operator can take this to the next level. Current owner has another restaurant and cannot devote the time to develop this concept.

Competition / Market:

This concept has a unique niche in the fast food industry

Reasons for selling:

Family-health issues

Trading hours:

7 days, 8am-9pm

Employees:

3FT/3PT

Years established:

3 years (2008)

Other information

Support & training:

Up to 3 weeks as needed

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller note payable over 3 years at 6% interest

Furniture / Fixtures value:

$145,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)