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Businesses For Sale > Business For Sale in Boise, Idaho (ID)

East Boise Mexican Restaurant for sale in Boise, ID

Boise, Idaho (ID)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 290,636 $ 23,261

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Business Summary:
This popular mexican restaurant strives to provide a comfortable atmosphere with quality service and excellent food. This business is family owned and prides itself in making fresh food everyday and offering large portions at a moderate price. Banquet facilities holding up to 75 people are available for business needs and private parties at no extra charge. Location is a well-developed mixed-use community—retail, office and service businesses surrounded by town houses, detached homes, and community amenities such as an elementary school and public trails by the Boise River. Evening street parties in the warm weather months create a festive atmosphere for everyone. Over $300,000 was invested originally into the facility. The owner has several other locations that are taking too much time, and has decided to divest. All equipment was brand new in 2006 and is in excellent condition. A buyer can continue operating the restaurant with Mexican cuisine, or change to any another style the landlord will approve. Name of business is excluded in the sale and new signage required.

 

   
Year Business was Established: 2006
   
Number of Employees: 7FT/4PT  
   
Facilities / Terms of Lease: 2,964 sf retail space leased at $5,700 per month with long-term lease in place.  
   
Potential Growth/Expansion: The owner has operated the restaurant passively since its inception. An on-site owner/operator should improve top line and bottom line performance. The area master plan calls for significant residential growth, transportation improvements, and community amenity improvements over the next few years.  
   
Competition: 2,964 sf retail space leased at $5,700 per month with long-term lease in place.  
   
Owner willing to train: Seller will provide 40 hours of transition assistance.  
   
Reason for selling: Divestiture. Owner wants to downsize to concentrate on the other 4 locations.  
   
Seller Reference Number: bm220798120
BusinessMart.com Listing Number: 67449
 

 

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For more info contact:

William J. Laska

Laska Company
208-331-1116

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