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Listed by:

Transworld Business Brokers

Mexican Fast Restaurant In New York For Sale

New York, US
Asking Price:
$795,000
Sales Revenue:
$2,756,103
Cash Flow:
$375,142

Successful and Scalable: Mexican Fast Casual, Two Locations!

This business features an innovative approach to Mexican street food, including Baja California-style fish tacos, quesadillas, soups, and salads. With two locations fully built and operational, the menu goes beyond just tacos and quesadillas featuring classic Mexican dishes. A selection of Mexican beers and sodas are also available. The Company has enjoyed consistent growth in both revenue and number of transactions, over two-thirds of which come from a loyal repeat customer base, has a recognized brand, and an excellent reputation. Due to its success, and the ease of its menu preparation, expansion was inevitable. Items (salsas, sauces, guacamole, beans, etc.) can be produced in a central location and then sent to other locations where they are served. The main site is well suited to handle both locations, as well as potential additional sites in the future.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $14,710.00

Square Units (Foot, Meter): 1,000

Lease Expiration Date: September 26, 2031, 8:59:00 PM

Location:

Facilities: Main location supports 2nd location and in addition, can support a third location.

Business Operation

Reasons for selling:

Retirement

Employees:
19
Years established:
2012

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 4

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$195,000.00 Interest:8% Term Months:36 Monthly Payment:$6,110.59

Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$20,000