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Reduced Price! Popular Mexican Restaurant For Sale!

Clinton County, IA

Reduced Price! Popular Mexican Restaurant For Sale!
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Asking Price: $57,000

Cash Flow: $24,180

Gross Revenue: $215,758

EBITDA: $19,056

FF&E: $45,000

Inventory: $12,000

Real Estate: $185,000*

Established: 1993

*not included in asking price.

Reduced Price! Popular Mexican Restaurant For Sale!

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Business Description

New Price- Motivated Seller! Excellent Opportunity! Have you ever dreamed of owning your own restaurant? Here is a great opportunity to buy a turn-key Mexican restaurant that offers uniqueness and charm. This established business for sale has been thriving in its location in Eastern Iowa for over 23 years. The current owner is ready to retire and is looking for a qualified buyer to help continue taking care of their loyal customer base.

This authentic Mexican restaurant offers a welcoming experience for all of their customers. They serve traditional Mexican cuisine and a full-service bar. This is an all- season business.

Buyer qualifications would include restaurant management and people skills. This opportunity is for someone who has the drive to continue to grow a business and build on the great reputation that has been established.

All furniture, fixtures and equipment (including a new $15,000 cooler bought in 2018)as well as inventory will be included in the sale. The owner is willing to help train during a transition period to be agreed upon with the new owner.

For more information about this opportunity to own a Mexican Restaurant, please contact Megan Cox at megan.cox@sunbeltnetwork.com or 563-940-1255 OR Cliff Avon at cliff.avon@sunbeltnetwork.com or 563-940-7980.

Detailed Information

Location:
Clinton County, IA
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,000
Employees:
1 FT; 5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Retirement
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Contact the Seller

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Megan Cox

Business Listed By:
Megan Cox

Sunbelt Business Brokers of the Quad Cit

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Sponsoring Broker:
Milton Anderson, CBI

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