Excellent Fast Food Taco Restaurants In Kansas For Sale

Business description

This mouth-watering Kansas based restaurant business for sale is well recognized for their high quality food and outstanding service. Guests feel strongly that their food is the main point of difference from other Mexican fast food restaurants. You see, they pride themselves on serving generous portions, menu items prepared fresh to your order, high-quality ingredients and special recipes, seasonings and sauces. All of their fresh-made Mexican specialties like burritos, tacos and quesadillas come from the franchise's special recipes, which combine bold sauces, spices and salsas with hearty helpings of seasoned meats, and flavorful cheeses. Big flavor and generous portions of food—that’s what their menu is all about. Call today for full details!

This fine Mexican restaurant listing is offering 2 locations for sale. One is in a mall food court with current lease renewal options of up to 15 years, and the other is a freestanding building with real estate options, open to many terms. Today this restaurant’s Franchisor has franchised locations and operates more than 400 quick-service restaurants in 25 states, making them among the largest Mexican restaurant brands in America. The Franchisor has been successfully doing business since 1969. These two units listed for sale were started in 1982 for the freestanding location and 1989 for the mall location. Over the years this landmark restaurant business has created a great and loyal customer base. The management in place is outstanding as is the staff, reputation, recognition, and quality products that make this offering a great opportunity for a new buyer. Seller has developed this business well over the past 30 years and the two top current managers have been with the company for 10 years and 7 years respectively. Owner financing of up to 20% is available to a qualified buyer looking to buy this business.

Products and Services Offered
This franchised Mexican fast food restaurant serves tacos, burritos, combo meals, snacks, sides, specialties, salads, desserts and breakfast burritos and soft drinks.

All inventory and equipment are included in the sale and are in good working order. Franchisor required re-imaging was completed in 2008 for both locations, including everything from new HVAC systems, roofing, seating areas, and more. Real estate can be owned with option, and the price for that is separate from the asking price.

Property information

Premises details:

There are 2 seperate locations. Location #1 is a Freestanding facility which is owned, valued $200-300k and available in addition to the sale. Located near a strong well managed downtown district, they get a high volume of lunch traffic.The building is 1,500 sq ft located on a 100x100' lot. It has two entries & a drive-thru plus 2 storage sheds. Location #2 is the only mexican restaurant located in the mall food court of it's location. This location is 940 sq ft with 45% kitchen area, 45% storage area and 10% is a small office and restroom. This facility was updated in 2008. Both locations have a closed circuit camera system that can be monitored from home. Existing locations allow easily for expansion of up to 4 more units within their city of a 50,000 population.

Other information

Expansion potential:

Additional profits could be achieved by taking a more “hands-on” approach as the current owner has these locations nearly “turn-key” and the day to day operations are handled by the managers and employees. Also if someone had a partner, each one could manage one of the locations and increase owner cash flow. The franchise could add up to 4 more locations within the city that a new owner may want to look at for expansion purposes.

Competition / Market:

There is some competition in this area. Name recognition, great tasting food and excellent service is why they have a 90% repeat customer base.

Support & training:

Employees will most likely stay on for a new owner. Manager of freestanding location has been with the company over 10 years. Manager of the mall location has been with the company over 7 years. Turnover rate of employees for this business have historically been at half what the industry standard is.

Trading hours:

Days: Monday-Thursday, Friday-Saturday
Hours: 7am-Midnight, Friday-Saturday 7am-1am

Owner financing:

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

Financing available:

Up to 25%.