The business is a specialty fast casual restaurant with a full bar serving mainly Mexican gourmet food while having an entertainment venue. The company provides different entertainment on weekends, which, along with food and bar sales, has increased their sales year after year, thus creating an established reoccurring customer base and consistent same-day sales activity.
The business has a ready-made staff with existing management in place, which is a great opportunity for an absentee buyer. The restaurant's location has good visibility and a seating capacity of 500 or more to further support additional sales.
The kitchen and bar equipment is in good working condition, and the company has established vendor relationships with food suppliers, further helping them achieve improved year-over-year gross profit margins.
The company invested in a self-serve software system for its bar sales, providing additional efficiency for the staff while providing accurate financial record-keeping.
The restaurant has a digital following through social media, and they continue to increase their followers each year. The seller is offering some seller financing for 20% of the total, however, subject to final approval.
