Established Mexican restaurant in NW San Antonio
San Antonio, TX
| Asking Price: | $85,000 |
| Gross Revenue: | $270,000 |
| Rent: | $1,879 |
| Established Year: | 2011 |
| Cash Flow: | $23,500 |
| Inventory: | $3,700 |
| FF&E: | $30,063 |
Listing ID: 2285420Listing provided by BizBuySell
BUSINESS DESCRIPTION
Award winning family owned Mexican restaurant located in busy location in NW San Antonio. They have received the Blue Plate award for their delicious food and have been featured in several local newspapers and online. Great opportunity for a new owner to grow the business.
The revenue in 2023 was $270,000 and the discretionary income was $23,500. The asking price is $85,000 including inventory.
DETAILED INFORMATION
Location
San Antonio, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
960
Lease Expiration
31/01/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All operating assets are included in the sale, estimated at a fair market value of $30,063.
Competition
The north west side of san Antonio is a thriving area of town and one of the fastest growing areas in Bexar county. The subject business is strategically located to benefit from this growth, and there are several similar restaurants in the general area.
Growth & Expansion
The new owner can grow the business by extending the operating hours, sell alcohol and offer catering service.
Financing
Some seller financing may be available depending on the offer.
Support & Training
Seller will stay on for 30 days to ensure a smooth transition and will be available 180 days thereafter via phone or email. Additional support may be available per Consultation Agreement between the parties.
Reason for Selling
The owner has other interests.
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