Restaurante For Sale – Mexican Kitchen with Bar Area 001195
Price: $325,000
Location: Denton County, Texas
Industry: Restaurants & Food/Mexican Restaurants
Listing ID: 001195
Restaurante for sale, Mexican open kitchen with separate bar area is available for acquisition. This business was established just recently, in 2022, by the current owner of the operation. Customers in this business are growing quickly within a wide set of demographics but need time to grow since the business is fairly new. The business location is next to a major highway known in the area as the busiest highway and a commonly used road for commuters. Residential neighborhoods and apartments carpet this area, with new development done yearly as the city grows. The monthly sales average is around $50,000 - 55,000/month, steadily growing as the business's name is organically shared within the local area and through their social media platforms. Although word of mouth is allowing this business to grow, additional marketing tactics in the local area are needed to expand the business. The business owner works full-time, managing the operation and staffing schedules. While this may be a brand-new business, this business has a huge opportunity for growth as there are many avenues to expand the business left untapped.
Down Payment: $162,500
Total Sales: $600,000
Cash Flow: $160,000
Inventory: $5,000 (Included in the listed price)
FFE: $150,000 (Included in the listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other Opportunities
Training & Support:
Will provide ample training for a smooth transition into the operation of the business.
Year Established: 2022
Employees: 2FT/3PT
Absentee Owner: No
Square Footage: 6,200 SF
Facilities Information:
This business is located in a 6,200 SF space of a retail strip center with a unique buildout. The interior buildout is modern and simplistic as well as a separate bar area that has the opportunity to expand the customers vastly.
Competition:
Few competitors are within the immediate market area, but this area has a few corporate chains and some similar Mexican restaurants that have completely different demographics and price points.
Potential Growth:
Many forms of marketing are needed to expand the business as this is a newly established business. Word of mouth is steadily growing but needs some time to fully expand outside the local area and expand the customer base.
Financing/Terms:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
