The Very BEST MexicanRestaurant in Chicago serving Gourmet specialties

Chicago, IL (Cook County)

The Very BEST MexicanRestaurant in Chicago serving Gourmet specialties
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $65,000

Inventory: N/A

Real Estate: N/A

Established: 1988

The Very BEST MexicanRestaurant in Chicago serving Gourmet specialties

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Business Description

This very special, Beautiful Mexican Restaurant in business for over 2 decades to loyal customers. Totally renovated in 2019.Unlike many of the chain restaurants, the food is all cooked daily on premises with speciality items not found elsewhere. A warm and welcoming atmosphere, it is a go-to place for families..Many regulars. Bustling Bar business.Presence on Facebook and Social media.Hosts many private parties and special events. Birthdays,Weddings, Engagement parties, Bachelor/Bachlorette parties Showers, and Holiday parties. Prices are reasonable for what they offer at this fun,elegant venue!

Detailed Information

Location:
Chicago, IL
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
3,000
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Brand new renovation..New Chef's kitchen including High-end Cappuccino machine.All new appliances but for Ice Maker which is rented....New Furnishings,booths, table and chairs, chandeliers, floor, decorations, Fully stocked Bar.Plates, flatware, glasses etc. Walk -in refrigerator, freezer and hood. 4 parking spaces in the rear and Easy street parking.Possible outdoor cafe.Must be licensed with the City.
Competition:
Liquor and Food Licenses.No other liquor license in the immediate vicinity !Bus stop located at the corner.Easy access to I-94.
Growth & Expansion:
Expand marketing and social media and Advertising.Increase take-out, catering and private party options. Have advertised Specials ad special events.Can be opened for Lunch as presently ,only for Dinner.
Financing:
Building is NOT for Sale
Support & Training:
Will stay on to help with a smooth transition. Will instruct on operations of equipment..Will introduce to customers and to all vendors.Will encourage long-time employees to remain..
Reason for Selling:
Onto other VENTURES
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Diane Freeman

Business Listed By:
Diane Freeman

The Sterling Business Brokerage Group

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