Description

Prime location authentic Mexican restaurant with a bar is available for acquisition. Established and acquired in mid 2015 by the current owner of the business who works full time as a cook/cashier during operation hours. This business is the only restaurant in the area that serves true authentic Mexican cuisine making it a huge advantage for this restaurant. The majority of the customers are from the nearby high school, hospital, and the neighborhoods varying in the ages of mid 20s towards older gentlemen/women. Due to the area this business is in, all customers are of middle to upper class individuals since the city is known to house wealthy people and a very rapidly growing city. Proactive marketing is crucial to the consistent growth of this business. While the location of this business being beside a major highway does bring a fair amount of traffic, other measures of marketing and ground work is necessary to bring in potential customers. Increasing operation hours to open during breakfast hours would bring the necessary new groups of customers to increase the overall sales. Weekly specials or happy hour during certain operation hours will attract the younger crowd from the nearby high school and individuals from the neighborhood. Having a website will prove to be extremely beneficial since in current times most restaurants has a personal website to order online. Products provided in the restaurant are street version tacos, burritos, tortas, tostadas, and their renown patron torta which is usually sold out mid-day (#1 Seller). Acquire this prime location Mexican restaurant with a 5 star rating in yelp and beside a major highway that provides fantastic customer traffic.

Furniture, Fixtures & Equipment: $25,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2015
Employees: 2FT

Facilities: Located in a 1,588 SF prime location retail strip center nearby a major highway. Extremely visible from the highway and all equipment is in excellent condition while in working order.Support/Training: Owner will provide training during a 4 week period to smooth out the transition into day to day operation.
Reason Selling: Other Opportunities.
Competition: One competitor is within the immediate market area, but the competitor only focuses on food sales while this business focus on alcohol sales combined with authentic Mexican food.
Growth And Expansion: Proactive marketing is currently needed to reach full potential of this business. No marketing is done in the present time.

Posted Sep 15, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.