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Sunbelt of Edwardsville

Well Established Mexican Restaurant In Illinois For Sale

Illinois, US
Asking Price:
$250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$900,000
Cash Flow:
Undisclosed

10 year plus established business
In-House recipes
Full Time cook and kitchen management
Well maintained kitchen and facility equipment
Established clientele
Prime location

The business was established by the current owner in 1995. It has a great reputation and is competitively priced in the market compared to other competitors. It services clients within a 30 mile radius of the town of Edwardsville.

The new owner could operate owner absentee due to existing full time staff, or great opportunity to be hands on and reduce payroll. Owner is willing to stay on as needed to help the new owner both transition and help with future needs.

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $4,200.00
Owner worked hours per week: 10

Property Information

Size in square feet:
1,200

Business Operation

Reasons for selling:

Retirement

Employees:
Part Time: 6
Years established:
29

Other Information

Support & training:

Owner willing to help transition. Kitchen manager and Grill cook

Financing available:

Downpayment Required: NEGOTIABLE
Financing is available

Inventory / Stock value:
$20,000 - included in the asking price