Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Lets Yo Yogurt Franchise Opportunity

House of Bread Franchise Opportunity

Sweet Duet Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Upscale Mexican Restaurant For Sale
Location: United States -> Illinois -> Chicago
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Started in December 2009, this business has been referred to as the ''Gem of Uptown''. We are known for creating traditional Mexican food based on the different regions of Mexico. We use only the freshest ingredients and high quality product for our business. Our clientele continues to dine with us because of our product and the fun, warm atmosphere that we have created. Special evenings include Wedding Receptions, Birthday Parties, Cinco De Mayo and Independence Day celebration, Anniversary Parties, and more.

The restaurant is BYOB, but could have the potential of obtaining a liquor license through the city/alderman. This restaurant would be great for a new investor or a new chef who is excited to create dishes and blend them with his/her own expertise, skill, and knowledge.

Our seasonal outdoor patio is a favorite for all, and since we are located only blocks from the beach, we get numerous people stopping by after a long day in the sun. We currently are listed on several delivery sites, and offer both delivery and pick up, as well as, our 40 seat dining room and 20 seat patio. Ability to add additional tables and renovations to the restaurant.

Restaurant equipment, inventory, and licensing is included in the sale.
Asking price $75,000
Serious inquiries only


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $30,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Photos

View Larger Photo(s) Of Business
Upscale Mexican Restaurant For Sale Photo 1 Upscale Mexican Restaurant For Sale Photo 2 Upscale Mexican Restaurant For Sale Photo 3




Print Listing Id: 700247623
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700247623
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.