MergerPlace

Mexican Restaurant

Kansas


  • Asking Price: $350,000
  • Gross Income: $1,156,055
  • Cash Flow: $167,843
  • Real Estate: Not Disclosed
  • Inventory: $18,250
  • FF&E: $65,000
  • Listing ID: #215026
  • Established: 1984
  • Employees: 16 FT/ 2 PT

Business Description

This is a 2nd generation, well-established, profitable Mexican restaurant and bar. It has been operating in the same highly visible downtown location for more than 30 years. Their central location allows them to serve the working community by day and a 60-mile radius of customers by nights and weekends.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Kansas

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 16 FT/ 2 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $1,156,055
Cash Flow: $167,843
FF&E: $65,000
Inventory: $18,250
Seller Financing Available: Yes

Property Information

Facilities:

Built in 2001 this stucco facade restaurant and Cantina occupies about 5,500 square feet of space with a covered patio area that could be converted to indoor space. The real estate is available for purchase at $500,000.

Growth & expansion opportunities:

Currently this restaurant is open Tuesday through Saturday. There is potential for growth by opening for business on either Sunday or Monday or both days.

Competition:

There is not a more competitive industry than the restaurant industry. That is one reason this business is attractive. They have long-standing reputation for serving quality Mexican meals and much of their business comes from repeat customers.

Reason for selling:

The second generation owners are ready to retire.

Support & Training:

Will train for 4 weeks @ no cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Scott Belden

Murphy Business Brokers