• Listing ID: 1245706
  • (Seller ref: GREENNC001-N292)

Successful Mexican Restaurant In Piedmont Triad For Sale


Location:
Category:
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Asking price:
$285,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$900,000
Cash flow:
Available on request
Years established:
7
Employees:
Full Time: 7, Part Time: 9

No image available

This Mexican Restaurant is a great opportunity to get into an excellent location for much less cost than up-fitting and furnishing as a start-up. The business is generating $18-19k revenue per week with lunch accounting for 25% of revenues and dinner accounting for 75%.

The restaurant occupies 5,500 square feet in a high-traffic, highly visible location. Rent is $10,500 per month and current payroll is $16-18,000 per month. A new owner could continue to operate as a Mexican restaurant with a similar menu and present staff, or convert to a new theme and menu.

The business is profitable but the current owner is motivated to sell as he has other interests that make a sale necessary. For more information, please contact Bob Holt at ------------ (office) or ------------ (cell).


Real Estate:
Lease
Premises details:
5,500 sq ft, $10500.00

Reasons for selling:
Other Restaurant Interests
Trading hours:
Days: Monday-Sunday, Hours: Sun-Thurs 11-10; Fri-Sat 11-11
Financing available:
Downpayment Required: $0
Monthly Payroll: $17,000
Financing is Available
Furniture / Fixtures value:
$280,000 (included in the asking price)
Inventory / Stock value:
$5,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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