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Authentic Mexican Restaurant

Lee County, FL

Seller Financing Available
Authentic Mexican Restaurant
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Asking Price: $980,000

Cash Flow: $408,143

Gross Revenue: $1,544,738

EBITDA: N/A

FF&E: $565,532

Inventory: $35,000

Rent: $15,700 /Month

Established: 2018

Authentic Mexican Restaurant

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Business Description

Fabulously decorated by real Mexican carpenters and artisans, this full service Authentic Mexican Restaurant serves the finest Mexican and Spanish cuisine with the freshest ingredients. Our newest location in Fort Myers is located in a large Mall and has a full service bar and a very comfortable dining area. Our products are made fresh daily and our staff is well trained. This restaurant is being sold in order to develop other restaurants since the main corporation's interest is to sell the Mexican arts and promote the Mexican cuisine. The annualized numbers of this business were taken from August 1st to December 31st, 2018, period where sales reached a total of $643,920.35 (a monthly average sale of $ 128,784). In December 2018 the monthly sale reached $151,214.84.

Detailed Information

Location:
Lee County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,600
Lease Expiration:
5/15/2028
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Assumable Loan with $480k down
Support & Training:
2 Weeks of Training at NO COST for a smooth transition!
Reason for Selling:
Owner has several restaurants
Business Website:
http://www.truforte.com
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Truforte Business Group

Business Listed By:
Truforte Business Group

Truforte Business Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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