Mexican Burrito Grill
Commack, NY Suffolk County
Suffolk County, Long Island
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- RE: Mexican Burrito Grill
- Contact: Ziggy Marszalek
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 8 | |
| BBN Listing #: | 948532 | |
| Broker Reference #: | 22661 |
Business Overview:
Located in a bustling shopping center on a major roadway, this recently remodeled Mexican restaurant is a rare find in today's economy. The area boasts a diverse and vibrant demographic, contributing to the high foot traffic and robust customer base. With a blend of urban and suburban characteristics, the neighborhood is known for its dynamic mix of families, young professionals, and retirees, creating a steady stream of patrons for the business.
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Property Features and Assets:
Location: Heavily trafficked shopping center on a major road.
Seating: 18 dine-in seats
Business Model: 90% takeout and delivery via secondary platforms 10% dine-in
Tenure: Staple in the community for 10 years, with current owners since April 2022
Operations: Primarily absentee-run with owners spending 15 hours per week on-site
Storefront: Size: 1,200 Square Feet.
Recent Renovation: $100,000 investment 2 years ago
Equipment: Mostly 2 years old, including a new walk-in box
Lease Details: Remaining Term: Approximately 8 years
Unique Lease Structure: No annual increases, next increase in 2027 by $200/month
Current Rent: About 6% of gross annual sales - $4,721/month
Market Competition and Expansion:
Potential: Significant opportunity for both owner/operators and absentee owners.
Reason for Selling:
Other business interests.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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