Mexican Restaurant / Catering Mansfield
Location:
United States
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Texas
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Dallas/Fort Worth
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Dallas - Fort Worth
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, a BYOB Mexican restaurant in Mansfield, Texas and serving a busy lunch clientele. The restaurant for sale is exceptionally clean with an excellent build out and large kitchen suitable for catering. The d cor is pleasant and the restaurant features a menu with 40 proprietary recipes. The facility has had a liquor license which can be readily reinstated by a new owner. In 2007, the Seller invested $120,000 and converted an existing Chinese restaurant located in a newer retail strip center into the current Mexican restaurant. The seller applied for a liquor license and kept for 1 year through May 2009. Price $50,000: $25,000 down and balance financed 5 years at 8% or $35,000 ALL-CASH to a qualified buyer. Seller to prove all sales and expenses.
Financials
Asking Price Range: < $250K
Gross Revenues:
$200,000
Cash Flow:
$60,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $53,000
Seller Financing: Yes
About The Business
Year Established: 2007
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The seller wishes to ensure a seamless transition with a purchaser. She will train a buyer for 2 weeks included in the purchase price.
Reason For Selling: Family illness.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700111255
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