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- RE: Turnkey Mexican Restaurant In Welches Oregon
- Contact: Jason Blair
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $1,419,663 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $23,515 | |
Total Debt: | Not Disclosed | |
FF&E: | $115,437 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 20 | |
BBN Listing #: | 990096 | |
Broker Reference #: | 59071-280152 |
Business Overview:
This is a unique restaurant inspired by the Baja Peninsula and Southern California influences. Located in the Hoodland Plaza, the restaurant offers a comfortable dining experience with high-quality food and drink options, making it a destination point on the mountain. The restaurant is family-friendly and features a dog-friendly patio with a dog menu, which has been well-received by customers. The restaurant has seen significant growth since its opening, with annual sales increasing steadily. Operations are well-organized, with a detailed training program for staff and a focus on maintaining high service standards.
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Property Features and Assets:
The business was inspired by the owner's experiences in Southern California and Baja Peninsula, where they frequently visited and raced. The restaurant aimed to blend Baja Peninsula food with Southern California influences, creating a unique dining experience. Over the years, the business has evolved to become a destination point, known for its family-friendly atmosphere, high-quality food made from scratch, and a comfortable yet upscale environment. Despite opening during the COVID-19 pandemic, the restaurant achieved significant financial success, surpassing initial revenue goals and expanding its offerings to include catering and special events.
Market Competition and Expansion:
The rural restaurant industry in the U.S. plays a crucial role in local economies, providing jobs, paying taxes, and fostering community development. Investments from Rural Development programs have been instrumental in sustaining and growing these businesses, ensuring they remain vital parts of their communities. Historically, full-service restaurants dominated rural areas, but recent trends show a significant increase in limited-service restaurants, which are closing the gap in terms of numbers and market share. These dynamics highlight the evolving nature of the rural restaurant industry, driven by economic contributions and strategic investments.
There is significant potential for growth through various avenues. One key opportunity is expanding the catering services, which could potentially double the current income. Additionally, franchising the business has been a topic of interest, with several individuals expressing a desire to open new locations. Bottling and selling the restaurant's popular sauces is another potential revenue stream that has been frequently requested by customers.
Reason for Selling:
moving onAdditional 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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