Mexican Restaurant for Sale in Des Moines

Des Moines, IA (Polk County)

Mexican Restaurant for Sale in Des Moines

Asking Price:$250,000

Cash Flow:$96,872

Gross Revenue:$592,235

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:$1.16

Established:2012

Mexican Restaurant for Sale in Des Moines

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Business Description

Buying a restaurant and looking for high volume and great earnings? This Mexican Restaurant for Sale concept gross nearly $600,000 last year and pays out $97,000 to an owner operator! Simple concept, well designed and turnkey. Earn nearly six figures in a business that’s ready to go.

Love the idea of a turnkey restaurant but don’t want the fees or control associated with a franchise? This high earning independent concept is ideal for you! The owner of the Mexican Restaurant for Sale is an expert that has put a fantastic brand together that dominates the local market for this cuisine. He’s ready to move on and this creates a huge opportunity for you! Six figure earnings on sales of $592,235 in 2015 is a great profit margin with no royalty fees eating into the earnings for your family.

Great process in place for this restaurant along with recipes and training along with an experience team will all transfer to you when you buy this Mexican Restaurant for Sale. Mexican food is the second most popular ethnic food in the nation according to Nation’s Restaurant News with 50% of the population eating Mexican at least once a month – beaten only by Italian. That trend keeps growing meaning your opportunity will just get larger.

This Mexican Restaurant for Sale with high earnings is in Des Moines Iowa, the capital of this state and it’s most populous city. Great business climate continues to grow as this city is the major center of the U.S. insurance industry along with large financial services and publishing concerns. Forbes magazine called Des Moines it’s "Best Place for Business" in America, twice, (2010 & 2014). It was also named the "Wealthiest City in America," by NBC in 2014.

Great location, great concept, six figure earnings all add up to a winning Mexican Restaurant for Sale concept offered by the restaurant brokers. Don’t wait on this one as it will move quickly. Simple operation does not have any late nights or alcohol and operates for lunch and dinner Monday through Friday from 10am to 9pm and Saturday from 11am to 9pm. Bring 20% down and we’ll have you approved for lending on an SBA loan that allows you to pay back your purchase price over a ten year period in under a week. Lenders love high profit locations like this one so leave your cash in the bank and put down just 20% to get the deal done. This will also easily qualify for an E2 visa candidate.

Seller is a multi-unit operator who is winding down and looking at retiring after many successful years in business. Lease on the 2515 square foot location is valid through February 2022 with multiple options to extend. Monthly rent is an under market amount of $2934 per month, contributing to the extremely high profit margins on this store.

Bring those offers today as this one offered by Restaurant Broker Robin Gagnon will not last! This is a fantastic opportunity and we expect multiple offers.

Detailed Information

Real Estate:
Leased
Building SF:
2,515
Lease Expiration:
2/28/2022
Employees:
5 ft 6pt
Facilities:
30 inside seat. 2515 sq' Exterior 2 light up logo signs 1 Univega Bike (missing wheel) Bathroom 2 Toilet 2 wall mount sink 2 soap dispenser 2 air dry hand dryer 2 tp holder 2 trash can 2 mirror 4 light fixture Cars 1 Smart Cars - Gas 1 Toyota Prius 1 Chevy Spark Mechanical 1 80 gal hot water heater - AO Smith 1 plastic shelf unit 1 carlisle push vac 1 rubbermaid vacuum bp100q Electronics/Office 2 Phone chargers/Phones 1 Phone Base (Office) 2 in-store computer station & monitor 2 ticket printer (instore) 1 Office computer and monitor 1 printer/scanner/fax machine 1 floor safe 1 Desk with file cabinet 1 tool box and tool set 2 Sonos Speaker 1 Black and Decker Cordless Drill/Bit Set 1 KDS MOnitor 1 KDS Printer 1 KDS bumper 1 KDS modem 2 catering bins 1 trash can 2 sunnex food warmers 1 analog scale 1 Speedline CPU Dining Room 4 1 leg tables 4 top 3 Small round tables 42 chairs 1 child high chair 3 booth tables wall 16 Decorative Pendants 5 cloth/large light fixtures 3 booth tables 1 leg 1 cloud art fixture 12 Single bench seats 3 Trash Cans units (double door) 4 double leg table 4 top 4 high top tables 9 high top chairs 2 emergency lights 1 thermostat 1 fire extinnquisher 4 napkin dispensers 18 black mount lights 4 curved booth tables 2 leg 1 metal trash can 1 menu board 1 track lighting set 4 lights 1 Ipad customer center 2 large booth/bench seating 1 Sandwich board advertising 2 Sonos Speakers Wireless 2 straw dispensers 1 spinning rack lid holder 1 under counter lid holder 3 small trash cans 4 small delivery bag 1 large cater delivery bag Service Line 2 True Refrigerator cold line 2 Serve Well hot lines 4 VOllrath panini presses 2 tall trash cans 2 Metro C5 6 Series Heated Holding Units 1 Garland griddle/oven/4 burner 2 Rice Master rice cooker 1 kitchen timers 1 hand sink 1 paper towel dispenser 1 hand soap dispenser 3 Long prep tables 2 small quesadilla prep tables 3 Napkin holders 2 Fork holders 8 sanitizer buckets 1 two wheel hand truck 1 fire extingquisher 1 rtishirt bag dispenser 1 dessert displsay Kitchen 1 walkin cooler 12 wire shelving 2 prep tables 1 small step ladder 1 waring imersion blender 1 table top can opener 2 tall trash cans 1 robo coupe 1 dynacube 1 digital scale 1 prep sink 1 3 sink dish sink 1 mop bucket 2 mops 2 small brooms 2 wide brooms 1 dust pan 1 roll off trash can 1 squeege 2 drying shelves Small Wares 33 regular 1/3 pan metal 29 1/3 metal lids 11 super sallow1/3 pan 3 32qt stock pots 21 hotel pans and lids 32 8 qt. cambros and lids 20 24qt cambros and lids 23 sour cream bottles w/lids 1 4 cup set 1 colander 25 shallow 1/3 pan metal 5 4qt cambro and lids 10 2qt cambros and lids 4 14" fry pans (veggie pans) 1 cast iron pan 8" 2 tongs 25 metal spooons 5 cheese ramekin 6 grill spautlas 23 steam table dividers 1 dough cutter 2 scissors 1 juicer - hand 2 rice mixers 5 #40 scoopers 2 whisk 7 rubbermaid dish totes 4 cambro dessert containers 29 1/6 pan plastic 13 1/3 pan plastic 9 1/6 shsllow pan plastic 16 1/9 p;astic pan 21 1/6 pans metal 6 shallow 1/6 pan 6 1/6 pan metal lids 7 chef's knives 1 sharpening steel 1 microplaners 1 teaspoon set 2 broaster pans 2 mixing bowls 12 full sheet pans 1 1/2 sheet pans 6 18x24 cutting boards 5 sauce pans (unsure of size) 1 magnetic rails for knives 11 rubber spatula 1 grill scraper 5 1 oz spoodle 15 2 oz spoodle 8 3 oz spoodle (no slots) 1 1 qt pitcher 4 1 pint pitchers 2 2 qt metal pitcher 2 1 oz ladle plastic 3 1 oz ladle metal 18 2 oz ladle 8 3 oz ladle 8 slotted spoon 4 non-slotted stirring spoons
Support & Training:
yes
Reason for Selling:
relocation
Franchise:
This business is an established franchise

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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Sponsoring Broker:
Eric Gagnon

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