Profitable Estabished Warrenton Franchised Tex-Mex Restaurant

Warrenton, VA (Fauquier County)

Profitable Estabished Warrenton Franchised Tex-Mex Restaurant

Asking Price:$298,000

Cash Flow:$121,163

Gross Revenue:$476,356

EBITDA:N/A

FF&E:$15,000

Inventory:$5,000*

Rate/Sq. Ft.:N/A

Established:N/A

*not included in asking price.

Profitable Estabished Warrenton Franchised Tex-Mex Restaurant

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Business Description

Enjoy a wide variety of delicious Tex-Mex cuisine in a family friendly environment. Family owned and operated for 27 years at the same location, this franchise Tex-Mex restaurant's warm hospitality, has cultivated thousands of loyal customers who are always welcomed like family. It serves breakfast, lunch and dinner in a casual, comfortable setting. Stop by for a meal, tacos or a drink and play a game of pool at the entertainment room. The current franchise agreement is good for another 8 years and with exclusive right to open one additional location in approved city. With proper social media and target market advertising, new owner can enjoy increase in sales volume through both normal dine-in, but also through events and catering service.

• 2,400 sf overall facility
• Located right off major roadway in Warrenton
• Rent is only $3400/month including CAM & RE Tax
• Party room available for entertainment purpose with game and pool table
• Dining area is designed for maximum occupancy with proper amount of space in between table sets
• Kitchen and all other equipment are in good shape
• Extremely high traffic road
• Well-lit and spacious parking area

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Expiration:
8/31/2020
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
other business interests

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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