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Profitable and growing 4 unit full service Mexican restaurant chain

Milwaukee, WI (Milwaukee County)

Profitable and growing 4 unit full service Mexican restaurant chain
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Asking Price: $2,433,624

Cash Flow: N/A

Gross Revenue: $8,540,909

EBITDA: $906,006

FF&E: N/A

Inventory: $108,000*

Real Estate: $3,627,848*

Established: 2001

*not included in asking price.

Profitable and growing 4 unit full service Mexican restaurant chain

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Business Description

Four unit full service Mexican restaurant chain created in 2001 located in Wisconsin. Great growth potential.

By owner's choice the restaurants are closed on Sunday. Like most restaurants Sunday is the biggest sale day of the week. The units can and should be open on Sunday. Opening on Sunday will add 20% to sales and about $360,000 to EBITDA. Sunday opening is not included in EBITDA or price.

Expansion through new unit development is ideal. Menu, pricing, design and operating manuals are perfected.

Each unit is fully managed including a general manager, assistant general manager and trainers in place. The Vice President of Operations oversees the units and is willing to stay on after a sale.

There are two fee owned properties available for sale and two leasehold unis with long term leases in place.

Detailed Information

Location:
Milwaukee, WI
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Competition:
Only multiple unit Mexican chain in the county.
Growth & Expansion:
New unit development and opening on Sunday
Support & Training:
Owner will train and Vice President of Operations will remain after sale
Reason for Selling:
Retirement
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(from currently available funds)
 
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Gene Cerrotti

Business Listed By:
Gene Cerrotti

Praetorian Group

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