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Successful Tex Mex Restaurant Seeking Working Partner For Sale

New York, US
Asking Price:
$399,000
Sales Revenue:
$975,000
Cash Flow:
$170,000

LISTING ID # 35963

Restaurant - Seeking a Working Partner. Please read this ad carefully before inquiring. The entire business is not for sale. This is a growing and successful concept. The owner is seeking a hands-on, working partner, with restaurant experience. This partner could buy into the business for an equity stake, plus salary, so they can share in the upside of their efforts. We are NOT seeking an investor or silent partner. If that is what you are looking for, please do not inquire. In the past year the business grossed approx. $975,000 with an owner’s cash flow of approx. $175,000. It is already fully staffed with 5 FT and 5 PT employees. The owner is spread thin and is seeking a manager to oversee day-to-day operations and take some of the burden off his shoulders. We are seeking a serious and financially qualified buyer with at least $75 - $100K in liquid funds to cover the equity buy-in. The seller can be flexible on the equity buy-in amount depending on your level of experience. More experience, lower buy-in. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Business Operation

Reasons for selling:

Seeking a working partner

Employees:
5 FT/5 PT
Years established:
4

Other Information

Support & training:

Seller will train