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Two Mexican Restaurants And Bars In McLennan County For Sale

McLennan County, Texas, US
Asking Price:
$1,200,000
Sales Revenue:
$2,803,284
Cash Flow:
$476,144

Amazing Opportunity - We are excited to offer two franchised Mexican Restaurants with full-service bars & patios in a fast growing city in Central Texas. The first unit opened October 2016 and the second unit opened in December 2018. Beer, Wine & Liquor account for 24% of the total sales while food & non-alcoholic beverages account for 76% of the $2.8M revenue that is projected for 2019. Currently offering live music on the patio greatly enhances their guests experience helping the restaurants build a fiercely loyal customer. This franchisor has experienced great growth with their concept and won so many company & local awards. This concept investment ranges for a new franchised restaurant ranges between $800K - $1.3M, so why would you purchase a single location when you can buy this 2-unit operation that is cash flowing for far less? This owner has already undertaken the most difficult part of opening from building out each location through building a loyal following. The two restaurants are positioned for the next owner to prosper. You may ask yourself why an owner would want to sell this opportunity when so much growth & profit is ahead? The simple answer is retirement. To receive our Non-Disclosure & Buyer Profile document so that you can receive detailed information on this amazing opportunity, please submit an inquiry through the business for sale website that you are viewing this opportunity.

Property Information

Real Estate:

Lease

Location:

McLennan County, Texas

Premises Details:

Beautiful buildouts to Franchisors guidelines, strategically located to take advantage of the demographic profile of this city.

Size in square feet:
8,248

Business Operation

Expansion Potential:

Since these restaurants are new, they have room to grow to its fullest potential

Competition / Market:

There is competition in the area but none that has the brand reputation of these restaurants nor do they have patios with live music

Trading hours:

Open 7 days per week for lunch & dinner

Employees:
35
Years established:
2016

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

5% royalty, 2% development fund

Other Information

Support & training:

Franchisor mandates training & has on-going support

Contact Information

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