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- RE: North Suburban Chicago Area Mexican Restaurant For Sale
- Contact: Jamar Cobb-Dennard
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $504,176 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $154,572 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 10 | |
BBN Listing #: | SB-54463 | |
Broker Reference #: | INDIAIN001-54463 |
Business Overview:
This north suburban Chicago area Mexican restaurant is for sale. Blending traditional Mexican food with American offerings makes this a popular place. In fact, the restaurant offers brunch on Saturday and Sunday. The menu includes:•Breakfast Foods•Lunch Specials•Traditional Entrees•Kid’s Meals•Burgers, Sandwiches & Salads•Desserts Because it carries a liquor license, it also offers alcoholic beverages such as margaritas and beer. There is ample seating at the counter, at one of the 13 tables, or on the patio. While most customers choose to dine in, the restaurant has a busy take-out business. Additionally, there is a small gaming room. The restaurant also carries gaming license.One customer’s review said: “This restaurant is famous for its great service and friendly staff that is always ready to help you. You will pay fair prices for your meal. The modern décor and pleasant atmosphere let visitors feel relaxed here.” Other reviewers mentioned the large portions, lovely presentation, and fair prices. However, most raved about the outstanding service and fresh food. With an average of 4 star reviews, it’s no wonder the restaurant serves anywhere from 280 to 380 customers on a weekly basis. The average cost per customer is about $35.Since its close to homes and other businesses, it easily attracts local customers. In fact, many make multiple visits a year. Additionally, its strip center location is on a main road with high visibility. In fact, the average daily traffic count is 15,300. Because of its location, there is ample parking, too. The restaurant’s community is more suburban than urban. Densely populated with homes, it is close to major attractions. Mass transit makes it easy to access nearby Chicago and other suburbs. Not only is it considered a friendly, welcoming community, but it is also a great place to live. With an actively growing business district, it’s the ideal place to grow a business.With recent upgrades to appliances (included in the sale), this is a great time to purchase this Mexican restaurant. A hands-on owner/operator gets a turnkey business with staff, customers, and reputation in place. Interested? Contact us today to find out more. Investment Considerations: •Busy Location•Indoor Dining •Patio Seating•Curbside Pickup•Carries Liquor & Gaming Licenses•Recent Upgrades to Major Appliances•High Traffic Counts•Ample Parking•Licenses & Equipment Included in SaleTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The facility is approximately 2,000 SF with monthly rent of $2,800. Lease is month-to-month.Market Competition and Expansion:
There is one direct competitor in the area. There is ample room in the local market for this type of restaurant to thrive.Reason for Selling:
The Seller is pursuing 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
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