Homemade Tex Mex Restaurant with a Bar 001049
Authentic made to order Tex Mex restaurant with new equipment and a full bar is available for acquisition. This business was originally established and built from the ground up by the current owner in 2017 and is located in 1,900 SF space of a retail strip center that is heavily surrounded by industrial warehouses and offices conveniently located just off the major highway and is easily visible from the main road. The sales have been consistently increasing since the establishment until the pandemic. The average monthly sales have been approximately $17,000-$22,000 in 2019 during the normal business hours. In 2020, during the COVID-19 pandemic, hours were reduced to lunch only and the average monthly sales have been approximately $8,000. The majority of the customers are lower to middle-income individuals, office and warehouse employees from the surrounding warehouses, manufacturers, and offices. This business has established a strong customer base and most of them are return customers who enjoy fresh authentic Tex Mex dishes with generous portions and affordable price points. This business has some presence online including its own website and Facebook but needs more proactive online and offline marketing to reach its full customer acquisition potential. This business is serving authentic, homemade, and fresh to order dishes ranging from kid’s menu, appetizers, soups and salads, quesadillas, tacos, various plates, beer and wine, and specialty cocktails. This business is very well built with a full-size kitchen with new equipment and walk-in cooler and a bar. The next owner can continue to operate the existing business to further grow the business but also can convert to their own concept since all vital equipment is in place. The economy will eventually get better and the customers will return to their normal habits. This is a great opportunity for somebody to take advantage of the current circumstances and reach its full financial potential.
The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
This business in a 1,900 SF space of a retail strip center is located next to a high traffic road surrounded by heavy industrial areas. All equipment is in excellent condition and in great working order.
There are few indirect competitions in the immediate area, but this business stands out with its authentic Tex Mex dish, quality, and strong customer base.
The business had been growing since its establishment just before the COVID-19 pandemic. With an improved economy and customers' confidence, the business will surely bounce back. There needs to be more online and social media presence as well as the utilization of in-house and third-party delivery services. The next owner could continue its current operation or with its full-size kitchen and the new equipment in place, it could be converted into any other concept.
100% down at the time of closing.