Mexican Restaurant - $285,000

Business Overview:

Large well-established Mexican Restaurant (opened in 1984) in Eastern Nebraska is now available for purchase. The facility is large enough for group meetings in the dining room (capacity 140), in addition to the walk-in/drive-thru side which has consistently grossed over $500,000 in revenue. The business features over $84,000 in furniture, fixtures and equipment and is stocked with $25,000 inventory, all included in the asking price. The building has a new roof (2022), newer HVAC system, and 38 parking spaces. The weighted average cashflow for the past 3 years is over $49,000. Growth opportunity includes expanding delivery both in-house and out-sourced. The recipes and concept can be easily replicated, to add other locations. The seller has owned the business for the past 10 years and is now ready to retire. He would prefer to sell both the business and building but will consider all offers. Real estate is priced separately at $745,000.
For a business only purchase, the seller is willing to provide a very reasonable lease rate and term.  Please use reply to this ad button to contact us.

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Property Features and Assets:

4,480 Square foot building on large corner lot, on busy street.

Market Competition and Expansion:

Growth opportunity includes expanding delivery both in-house and out-sourced. The recipes and concept can be easily replicated, to add other locations. Marketing to social and business groups to hold regular meetings would increase revenue and exposure.

Reason for Selling:

Additional Details:

Documents:

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