MergerPlace

Mexican Restaurant - College Town

New Jersey


  • Asking Price: $149,000
  • Gross Income: $242,676
  • Cash Flow: $92,172
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $85,000
  • Listing ID: #224938
  • Established: 2020
  • Employees: 2 FT

Business Description

Freshly homemade Mexican and Salvadoran food. Great location in a high income area. College town and near train station. Strong cash flow. Indoor and outdoor seating.


Business Details

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

Company Information

Year Established: 2020
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $149,000
Gross Revenue: $242,676
Cash Flow: $92,172
FF&E: $85,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Great Location on on busy road. Approximately 900 square feet. Indoor and outdoor seating. Take out and Grub Hub Delivery. All new equipment. Low rent with long term lease available.

Growth & expansion opportunities:

Expand hours and advertising.

Competition:

Many restaurants in the area but very little authentic Mexican and Salvadoran.

Reason for selling:

The seller owns another business and can no longer devote the time.

Support & Training:

Will train for 4 weeks @ no cost Full service Mexican Salvadoran restaurant. Large variety of menu items. Food handlers certification required. Business license required.

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:

Darren Smith

Murphy Business Brokers