Quick Serve #12 Mexican Restaurant

Glendale, AZ (Maricopa County)

Quick Serve #12 Mexican Restaurant
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Asking Price: $49,900

Cash Flow: $36,000

Gross Revenue: $287,000

EBITDA: $36,000

FF&E: $65,000

Inventory: $5,000*

Rent: $1.41 /Month

Established: 2008

*not included in asking price.

Quick Serve #12 Mexican Restaurant

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Business Description

Quick Serve Mexican

Highly Motivated Seller--This quick serve Mexican grill in Glendale serves an authentic blend of fresh Mexican food. This store is in a high traffic area and has been open for many years and has a huge take-out following. They have a strong reputation for their authentic food and do high volumes of burritos and tacos daily and especially on their best day of the week, which is Taco Tuesday. This location has an established, experienced store manager and team and is absentee run but would be better suited as an owner operated business. This store has competitive lease pricing, long lease terms, and has ample parking. An owner/ operator could see even more growth. Currently operating with a #12 license so customers can enjoy a beer or margarita with their meal. Owner operates another high-volume restaurant and does not have time for both. Serious buyers call now! Seller will consider all offers and carry with a substantial down payment from a qualified buyer.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,350
Lease Expiration:
2/1/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Other business interests
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Contact the Seller

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Juan Cabrera

Business Listed By:
Juan Cabrera

First Choice Business Brokers

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).


Sponsoring Broker:
Chuck Wimmer

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