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Established Mexican Restaurant with Real Estate

Aurora, IL (Kane County)

Established Mexican Restaurant with Real Estate
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Asking Price: $925,000

Cash Flow: $147,000

Gross Revenue: $880,000

EBITDA: $176,000

FF&E: $145,000

Inventory: $6,500

Real Estate: $625,000

Established: 2002

Established Mexican Restaurant with Real Estate

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Business Description

Highly established Mexican restaurant with real estate. Owner is retiring. Plenty of upside opportunity with expansion of hours, product, alcohol, gaming and a driv-thru to name a few.

Detailed Information

Location:
Aurora, IL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,000
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
nice sized existing restaurant facility with 2 wings. Could create banquet on either side or keep. Kitchen opens to both sides.
Competition:
plenty of opportunities here - can continue the current concept or bring your own. Market has competitors but not many have been here as long with such an established base.
Growth & Expansion:
more pros than cons here. Can grow with the addition of a bar or drive-thru or gaming - you own the real estate which has access to two major roads.
Support & Training:
owner will provide 90 days training
Reason for Selling:
owner is retiring
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Contact the Seller

(from currently available funds)
 
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Rob Mondi

Business Listed By:
Rob Mondi

McCann Properties Inc.

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