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Established Mexican Restaurant in Prime Location!

Denver, CO
Established Brand in Prime Location

Seller Financing Available

Established Brand in Prime Location
Asking Price:$689,000
Gross Revenue:$3,000,000
Established Year:2018
Cash Flow:$280,000
Inventory:$150,000
Listing ID: 2279471Listing provided by BizBuySell
BUSINESS DESCRIPTION

Profitable, Foundational Neighborhood Restaurant!

Situated in an upbeat and busy area between the Sunny Side and Highlands neighborhoods in the heart of Denver stands Necio Mexican Restaurant. Family owned and operated for the last 7 years, it has become a staple of Denver. With a highly known and reputable brand that has been marketed and has significant market share, this business offers a great opportunity for those exploring acquiring their first venture, or seasoned entrepreneurs who are ready to build on a solid foundation.

- Located on Tejon and close to 38th Ave, makes it easy for anyone to visit Necio.
- Inventory currently in place and for sale.
- Established Systems and Processes including POS and Merchant Services.
- Including Paid Employees.
- Reputable and Established Brand and Restaurant in Denver.

DETAILED INFORMATION
Location
Denver, CO
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,313
Lease Expiration
06/03/2031
Employees
40
Facilities
- Two walk in coolers and one walk in Freezer - All assets are included with the purchase of the business: Flat tops, 8 burner stove, Salamander, Broiler, Dual Convention Oven, Fridges and Storage Coolers, Delis, Prep Tables, Tables and Chairs.
Competition
- Current market condition involve basic market fluctuations. Liquor sales stay consistent, food sales are based on how supply chain is performing. Overall, food costs is steady and consistent, prices are adjusted based on supply and demand. - Main competitors within 5 miles: - Los Carboncitos - Santo Remedio - Cilantro Tacos - My Neighbor Felix
Growth & Expansion
- NECIO Mexican Kitchen has a pipeline of customers that consistently visit our restaurant through our reservation system and platform. - NECIO has built a healthy and reputable brand through restaurant operations and social media marketing and currently has close to 100,000 users who engage with the social media content. New menu items can be easily introduced and sold given the social and market reach NECIO has. - NECIO Mexican Kitchen has the ability to be scaled and expanded using the same product catalog and operating systems.
Financing
Open to Conversations and Options
Support & Training
- 90 Day transition process to onboard new operator. Any training after the 90 day period will be negotiated at an hourly rate with an maximum number of hours a week. Ownership guarantees that the transition process will leave the operation fully operating.
Reason for Selling
Focusing on other business ventures.
BUSINESS LOCATION
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Ruben Helo
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Ruben Helo
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