Business Summary:
Great opportunity to buy a new mexican restaurant with a ton of potential for less than it would cost you to build and without all the headaches. Here are just a few of the reasons to buy this restaurant; The owners are willing to finance part of the deal to a qualified buyer. The owners have invested over $300,000 and it shows. The franchise royalties are only 4% of gross sales (most franchises are 10%). Ongoing training & support from the franchisor. There is no franchise renewal fee. They currently are not offering deliveries even though customers are requesting it. It just opened 6 months ago and is already turning a profit. Protected area for franchisee. Current owners are not doing much advertising. They are not offering online ordering even though customers are requesting it. Outdoor seating can be added. A drive-thru can be added. High traffic counts and a Long term lease.
|
|
|
| |
|
| Year
Business was Established: 2008 |
| |
|
| Number of Employees:
5FT/3PT |
|
| |
|
| Facilities / Terms of Lease:
The lease is 10 years with (2) five year options. Base Rent is currently $3,395.00/month. C.A.M. charges are currently $207.25/month & R.E. Taxes are currently $1,036.25/month. The space is approximately 2,487 square feet. There are approximately 70 seats. |
|
| |
|
| Potential
Growth/Expansion:
Excellent growth potential. |
|
| |
|
| Competition:
Minimal competition. |
|
| |
|
| Owner
willing to finance:
Owners may discuss some financing with qualified & experienced buyer/operators. |
|
| |
|
| Owner
willing to train:
Yes, the seller will provide as much training as needed and discussed during the purchase process. |
|
| |
|
| Reason for selling:
The owners are selling because they bought & built the restaurant for their son and shortly after the closing, he changed his mind about being in the restaurant business. |
|
| |
|
Seller Reference Number: 080509
BusinessMart.com Listing Number: 47516 |
|
|
To request more information
on this business
please fill out the form shown right 
|
