| Asking Price |
$550,000 | Inventory |
$7,000* |
|---|---|---|---|
| Gross Income |
$872,292 | Real Estate |
|
| Cash Flow |
$170,000 | Year Established | 1985 |
| FF&E |
$150,000* | Employees | 21 |
* included in the asking price
** not included in the asking price
This is an excellent Mexican Restaurant that has been owned by the same people for 14 years. It has a following that is faithful to the food and staff.. The decor is the most authentic Mexican in the Portland/Vancouver area. It is full service food and Lounge with Washington Lotter pull tabs. Their menu has changed little over the years, but new items are introduced on a weekly basis.....Consistent good food is the main-stay of the operation. Most of the staple foods are prepared at the food annex (commissary) of Taco House on NE 82nd Ave. in Portland. This has created a stable quality of food and has allowed sellers to do special that are origin and creative. For an NDA & information concerning this listing E-mail Ladd McGowan-Broker at ladd@norwestbizsales.com
Facilities: 25 yrs Old bldng that has been kept in excellent condition. It has the most authentic Mexican decor in the area. Equipment has been cared for maintained. Tons of parking. Excellent long term lease.
Competition: The whole Portland/Vancouver area many food operations. This particular Mexican restaurant has always been popular and consistent with quality food.
Growth/Expansion: Must do more advertising in the expanding communities surrounding the Business. More target mktng to groups; Weddings, sports, business community.
Financing: SBA lending available for qualified buyer-Seller will take $200K dwn & bal @ 8%
Support/Training: Seller will tranin uncompensated for 2 weeks
Reason Selling: 25 years in the Restaurant busines. Retiring

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