Well-established Landmark Mexican Restaurant

Dallas, TX (Dallas County)

Well-established Landmark Mexican Restaurant
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Asking Price: $1,750,000

Cash Flow: $483,905

Gross Revenue: $3,090,000

EBITDA: $483,905

FF&E: $140,000

Inventory: $70,000*

Rent: $31 /Month

Established: 1999

*not included in asking price.

Well-established Landmark Mexican Restaurant

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Business Description

Mexican and Tex-Mex restaurant that continues the same Mexican family traditions, providing great Tex-Mex food and Mexican food specialty dishes in Dallas, Texas. Enjoy lunch specials, complimentary valet during lunch, a full bar menu, brunch, 5 HD TV's in the bar, great happy hour specials, and a bright, cozy dining room full of festive colors!

Family-oriented and child-friendly with a re-laxed casual atmosphere where you will feel at home.

Conveniently located at 5617 West Lovers Lane, Dallas, Texas - just a couple miles south of North-west Dallas in affluent Park Cities area, Dallas.

Colorfully decorated destination offering Mexican standards, including margaritas & weekend brunch.

Colorfully decorated destination offering Mexican standards, including margaritas & weekend brunch.

Detailed Information

Location:
Dallas, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,346
Lease Expiration:
9/30/2029
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a Very Busy strip center on Lovers Lane near the North Dallas Tollway.
Competition:
No competition. market is very tight.
Growth & Expansion:
- The restaurant is only open 6 days a week Increase to 7 days a week - Stay open to 2 pm on weekend (only open until 10:00 pm Fri and Sat currently) - Hire delivery drivers and start delivery to the immediate neighborhood - Add more Catering. Currently not doing any catering marketing.
Support & Training:
Owner is retiring but will train immediately, and would be willing to stay on part-time for 1 year to ease the transition.
Reason for Selling:
Owner is Retiring
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(from currently available funds)
 
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Andy Anderson

Business Listed By:
Andy Anderson

Restaurant.Properties at Henry S. Miller

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