Sold Business – Tex Mex Restaurant

Business Description

A well-known Tex-Mex restaurant in a prime retail end-cap space is available for acquisition. This business was built and established from scratch in late 2009 by the current owner of the business. Demographics of this area consist of many Hispanic individuals that are the majority of the customer base. Although competition is to be expected, the optimal end-cap location as well as the long establishment of this business has grown the loyal customer base and generated strong consistent sales for the past 7 years of operation. In the previous years of operation, local marketing through door hangers and sign spinners was used to attract nearby locals that have been discontinued as of early 2016. Continuation of local marketing including the expansion of operating hours will provide an instant increase in sales and different demographics of customers for dinner service. The prime location of this restaurant places it beside a state-wide grocery chain and other Hispanic businesses that anchor this business with a constant stream of customers. After the modification of operation hours, the owner can synergize happy hour alcohol sales with the longer hours of operation which will drastically increase overall sales. Their menu has various selections of items to choose from such as pancakes, tacos, quesadillas, nachos, tortas, burritos, dinner plates, kids menu, and the signature burger sandwiches that are extremely popular with the locals. As the current owner can’t focus fully on this business due to his continuation of education, the right potential Buyer can easily generate more revenue than the current sales as well as properly market this business to locals that reside in the nearby neighborhoods.