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Tacos & Avocados in Roanoke's historic downtown

Roanoke, TX (Denton County)

Dining Room
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Asking Price: $150,000

Cash Flow: $41,879

Gross Revenue: $839,241

EBITDA: $4,684

FF&E: $275,000

Inventory: $16,000

Rent: $8,500 /Month

Established: 2012

Tacos & Avocados in Roanoke's historic downtown

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Business Description

Fast-casual taco restaurant ready for new management

Tacos & Avocados is a great fast-casual taco restaurant with a full bar, grossing over $800K a year. The current management company is interested in selling it because it doesn't quite fit within the portfolio of their other restaurants, Twisted Root & Truck Yard. This is a wonderful, affordable opportunity for someone to get into the restaurant business with a fully operational restaurant with loyal fans and a tenured staff. This is also an easy opportunity for an existing taco or Mexican food franchise to quickly rebrand with no downtime. The restaurant is in very good condition with eye-catching decor, a stage for live music and a large bar.

Detailed Information

Location:
Roanoke, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities are in good shape. "Move-in ready" with no work needed. All furniture, equipment and fixtures convey with the purchase.
Competition:
Down town Roanoke. 6 or 7 new restaurants and a gaming venue have opened in last year.
Growth & Expansion:
New hotel (The Peabody Hotel) and 500+ additional lofts & apartments are in construction. Gets a significant amount of business from the Texas Motor Speedway and is within an easy drive of DFW airport and Alliance airport.
Financing:
lease has future options
Support & Training:
Yes training is available and staff is willing to stay with a good leader.
Reason for Selling:
Doesn't fit in our larger restaurant group growth and management
Business Website:
http://tacosandavocados.com/
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Business Listed By:
Amanda Boso

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