Fast-Growing Authentic Mexican Restaurant
Not Disclosed, UT Salt Lake County
Salt Lake County
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- RE: Fast-Growing Authentic Mexican Restaurant
- Contact: Rin Barrett
Quick Facts
| Asking Price: | $510,000 | |
| Annual Revenue: | $1,270,251 | |
| Net Profit: | $144,518 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 10 | |
| BBN Listing #: | 989137 | |
| Broker Reference #: | 286-24144 |
Business Overview:
This established and highly-rated Mexican restaurant presents an incredible opportunity for an entrepreneur looking to step into a thriving business. Known for its fresh, high-quality ingredients and welcoming atmosphere, it has built a loyal customer base and strong brand recognition within the community. With a prime location in a high-traffic area, the restaurant consistently attracts both locals and visitors, making it a go-to spot for authentic Mexican cuisine.
Beyond its solid foundation, the business holds significant growth potential. Expanding marketing efforts, enhancing catering services, and utilizing its food trailer could unlock new revenue streams. The restaurant’s strong reputation, affordability, and warm dining experience keep customers coming back, providing a stable and scalable business model for a new owner. Whether you're an experienced restaurateur or a first-time business owner, this is a rare chance to take over a well-loved, profitable establishment. Don't miss this opportunity—contact us today to learn more! For more detailed information, please contact listing agent Rin Barrett.
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Property Features and Assets:
This is a leased location of 2,488 square feet with a Total monthly rent of $6,081. Lease ends 02/2032 with 2 options. Seller is active with 7FT and 3PT employees. Hours of operation are Tues - Fri 11am - 8pm, Sat 11:30am - 8pm, and Sun 11:30am - 6pm. $5,500 in inventory and $30,000 in FF&E included in the asking price. Alcoholic Beverage license required.
Reason for Selling:
This restaurant was a stepping stone for the seller to expand into his next endeavor.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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