Top Rated Mexican Restaurant-Priced to Sell

Milwaukee County, WI

Top Rated Mexican Restaurant-Priced to Sell

Asking Price:$245,000

Cash Flow:$120,435

Gross Revenue:$629,880

EBITDA:N/A

FF&E:$60,000

Inventory:$15,000

Lease Rate:N/A /SF

Established:2010

Top Rated Mexican Restaurant-Priced to Sell

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Business Description

This popular Mexican restaurant was recently named as one of the top 10 restaurants in the area by Yelp! The appealing menu of traditional and unique Mexican cuisine is enhanced by a wide selection of freshly made Margaritas and beers, a full-service bar, and a weekly live music night. Located in a vibrant retail area in a south Milwaukee suburb, this restaurant has grown every year in revenue and profitability since opening in 2010. The owners have invested in upgrades to the equipment and space, as well as advertising and promotion, to fuel the growth. They have a full-time manager, two bartenders, and experienced kitchen and wait staff. The restaurant space is well-appointed and includes a dining area, a busy bar area and an outdoor patio in the summer. There is a full liquor license in place that will transfer with the business. The strong cash flow and the fully trained staff make this restaurant a great opportunity for a part-time owner/operator or as an expansion opportunity for a current restauranteur.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
10-12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
other business opportunities

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Stephanie Cox

Business Listed By:
Stephanie Cox

Transworld Business Advisors

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Sponsoring Broker:
Mitchel Cox

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