Highly Profitable Mexican Restaurant

San Antonio, TX (Bexar County)

Highly Profitable Mexican Restaurant

Asking Price:$195,000

Cash Flow:N/A

Gross Revenue:$672,088

EBITDA:$140,000

FF&E:$17,930

Inventory:N/A

Lease Rate/Sq. Ft.:$14.09

Established:2005

Highly Profitable Mexican Restaurant

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Business Description

Highly Profitable, Etablished Restaurant with Drive-Thru Window

**PRICE REDUCED**
This clean, established and highly successful Mexican restaurant is an opportunity for an entrepreneur looking to make money from their first day in business.

* Great Food as Noted in Online Reviews
* Drive-Through Window
* Long-Term Employees
* Exceptionally Clean
* High Visibility, Northside Location
* Open For Breakfast & Lunch (upside for buyer looking to open longer hours)

Detailed Information

Real Estate:
Leased
Building SF:
2,870
Lease Expiration:
1/31/2018
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Price reduced This restaurant is located on the end-cap of a neighborhood center in northside San Antonio. There is a drive-through window. The restaurant is approx. 2,870 SF and seats 90 diners. There is ample parking and the center is accessible from two major streets. This is one of the cleanest restaurants you will find in San Antonio. The current lease expires in 01/2018 but contains an option for three additional years. The current rental is $3,370 including the NNN expenses and the drive through window addition.
Competition:
With access from two major streets this business is highly visible and as it has been there for 11 years it is well known to those who live and work in the area. It has easy access one block off Loop 410 and a few blocks from IH 35.
Growth & Expansion:
They do well for breakfast and lunch and the drive-through window is busy at all times. Maintaining the high quality of food and service should keep the numbers rising each year. There would be a great opportunity to increase sales by opening for dinner and serving beer and wine, however, the current owner chooses not to do so at this time.
Support & Training:
The seller will stay as necessary to insure a smooth transition. In addition, several of the workers in the kitchen and waitstaff are long term employees and are capable of maintaining the operations in the absence of the owner.
Reason for Selling:
Children have graduated and owner wants to be able to travel.

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Ken Martinez

Business Listed By:
Ken Martinez

Great Metro Realty

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