Ad ID: 1485035
Type: Established business
Category: Retail – Other Eating & Drinking Places
Included in the Asking Price:
Furniture, Fixtures & Equipment: $45,000
Cash Flow: $74,401
This authentic Mexican restaurant and adjacent market have been a mainstay in the area for over 10 years. Fresh meats sell out daily at the market. The restaurant, known for its quality ingredients, is bright and clean, has a friendly staff, and receives excellent reviews on Google and Yelp. They have an extensive menu and serve beer and wine. The atmosphere is warm and friendly and appeals to dine-in customers. Loyal, repeat customers from nearby offices provide a consistently busy lunchtime business. USA Parkway recently opened, and the area is undergoing tremendous growth, with many new housing projects underway. Marketing to the influx of new residents would expand the customer base of this already-popular restaurant and market. Offering delivery and catering could also grow the business. An experienced staff includes two managers who are willing to stay. Business is turnkey, with over $45,000 dollars of Equipment included in the sale. They have a great location, rent, and lease deal. This is an excellent opportunity for someone to take over a thriving restaurant and market in a vibrant and growing community.
Year Established: 2007
Facilities: Combined market and restaurant over 4500 sf. Excellent lease secured at $.66/ft for three years. Easy access and ample parking.
Competition: Limited competition. One of the best reputations for quality meats and restaurant fare in the community. A popular place for casual dining, with an excellent take-out business.
Growth and Expansion: Great word-of-mouth reputation and excellent reviews on social media. Business spends very little on advertising. They have a loyal customer base and the capacity to accommodate the influx of new residents to this growing area. Business could be expanded by marketing to new residents and adding a delivery/catering component. Developing a web presence would increase Internet visibility.
About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 1 week, then negotiable.
Reason Selling: Retirement. Health.