New
NEWLY ESTABLISHED AUTHENTIC MEXICAN RESTAURANT - SC2115
NEWLY ESTABLISHED AUTHENTIC MEXICAN RESTAURANT - SC2115
- Asking Price: $150,000
- Cash Flow: $50,000
- Gross Revenue: $425,000
- Down Payment: $150,000
- Financing: No
- FFE (Included): $60,000
- Inventory: $5,000
Business Location
-
Northern California
Business Description
Market Outlook/Competition
Support & Training
Reason for Selling
Detailed information
- Year Established: 2021
- Home-Based: No
- Franchise: No
- Relocatable: No
- Required Licenses:
- Is Property Leased: Yes
- Real Estate Included: No
- Real Estate Available: N/A
- Real Estate Value: N/A
- Part-time Employees: 6
- Full-time Employees: N/A
- Building Size: 1441 sq ft
- Monthly Rent: $6,500
- Facilities Description: This space was renovated in 2021 when the business first opened.
Broker License ID: 02100708
Listed By: Adriana Sargent
Background information
Reference:
SC2115
Year established:
2021
Reason selling:
Sellers want to pursue other interests.
Operations
Employees:
Part-time Employees: 6 Full-time Employees: N/A
Equipment:
FFE (Included): $60,000
Inventory:
Inventory: $5,000
Premises
Facility:
Facilities Description: This space was renovated in 2021 when the business first opened.
Square footage:
1441 sq ft
Rent and lease terms:
Building Size: 1441 sq ft Monthly Rent: $6,500
Location:
Northern California
Opportunities
Growth:
Growth can be obtained by exploring more marketing avenues such as social media, print advertising and other marketing efforts. Current marketing efforts are focused on the internet. Also, this is a new business so more time in operation will bring in more customer loyalty. Also, expansion on the exiting menu could help, as well as opening earlier to capture more of the breakfast customer base.
Price and terms
Price:
$150,000
Down payment:
$150,000
Financing:
No Seller Financing available
Training:
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller.