TikiTaco For Sale

Kansas City, MO (Jackson County)

TikiTaco For Sale
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Asking Price: $399,999

Cash Flow: $180,000

Gross Revenue: $1,200,000

EBITDA: $500,000

FF&E: $150,000

Inventory: $40,000

Rent: $3,700 /Month

Established: 2017

TikiTaco For Sale

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Business Description

Late-Night Favorite with booming opportunity and much more potential.

Started in April 2017 and in need of a professional restaurant owner to take the business to the next level of grow. TikiTaco opened as just a walk up window and soon got indoor seating and full bar. When will first started we were looking to have a fun and easy business; it has turned into a full time extremely demanding and heavy growth business.

Detailed Information

Location:
Kansas City, MO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
4/1/2032
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment and assets paid for including kitchen equipment and lobby furniture; zero debt. US trademark, website, liquor licenses, three full wrapped delivery vehicles all included with purchase. We have a 15 year lease in our current location, with the landlord willing to change for new owner.
Competition:
The restaurant is on "restaurant row" in the West 39th Street district of Kansas City and has thrived across the street from Chipotle. Healthy competition keeps everything moving.
Growth & Expansion:
Only open 6 days a week. Sunday could be our busiest day. We have expanded once with three possible expansions in the future. The soonest being the outdoor seating area in the back of the restaurant. The idea has been sketch out and will happen next. The long term idea it to acquire the retail space to the east and double the indoor dining area & bar. The last stage of expansion would be to have a roof top terrace overlooking all of 39th Street. No longer doing in house deliveries which was 25% of our business; could start deliveries & catering in future
Financing:
Negotiable but please do not waste time.
Support & Training:
We would be willing to offer up to 90 days of support to insure there is a smooth transition.
Reason for Selling:
Has become too much stress on relationship with co-founder and relocating home.
Business Website:
http://www.tikitaco.com
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Business Listed By:
Tyler Herndon

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