This established Mexican restaurant in Houston, Texas, offers a unique opportunity for potential buyers. Originally opened in January 2010 as a franchise, the business evolved in July 2018 when the owners rebranded to introduce a broader menu featuring traditional Mexican appetizers and a fresh image. The expansion continued in 2024 with the addition of alcoholic beverages, further enhancing the dining experience and attracting a diverse clientele. With over a decade of operational history and a loyal customer base, this restaurant represents a solid investment in the vibrant local dining scene, poised for continued growth and profitability.
- Asking Price:
- $299,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $416,491
- Cash Flow:
- $192,602
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent
$3.450,00
Square Units (Foot, Meter)
1,200
Lease Expiration Date
November 17, 2026, 12:00:00 AM
Terms Options
3 year option
- Premises Details:
-
Rincon Mexicano was opened in January 2010, with the name of tortas las Llardas, being a franchise until July 2018, at the same location. My wife and I , being the same owners from the beginning. In July 2018 we ended the franchise, creating our own brand, changing it to the current name, the main reason was to introduce more Mexican appetizers, and a new image to the restaurant, in 2024, we decided to introduce alcoholic beverages expanding our menu, with which to this day we continue to serve.
Business Operation
- Reasons for selling:
-
Change of industry
- Trading hours:
-
M-T: 9:00am 9:00pm; F-S: 10: am - 10:00 pm
- Employees:
- 6
- Years established:
- 2010
Other Information
- Support & training:
-
2 Weeks
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $20,000 - included in the asking price
