Cash Flowing Mexican Restaurant with Great Potential

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Financial Highlights
Asking Price
$549,000
Revenue
$1,125,000
Business Description

Mexican restaurant with a dance floor with great potential. This great cash cow restaurant has been set up about 3 years ago. Even with a very short time since its start, it has already been generating a good amount of profits. Run by a manager with owner absentee restaurant. Even with the Pandemic situation under which most of the restaurants have suffered from low revenues, this restaurant has achieved very strong sales. If a little bit of prices on the menu is increased, more profit would come easily. Only beer and wine. BYOB hard liquor. Easy operation, Great potential, Great Location !!! Location: Plano, Texas Year Established: 2018 Number of Employees: 11 Real Estate: Leased Building Sq. Ft.: 4,350 Rent: $6,350.00 Per Month Lease Expiration: 4/17/2028 Facilities: Established in 2018. Most of Facilities are brand new. AC 3 units (7.5*2, 5*1) Market Outlook/ Competition: Normal competition Growth & Expansion: Due to ample floor plan with low rent, it has already about 3 Birthday parties a week. Catering is growing. Increased menu price would bring more profit. (Seller has not increased menu price yet.)

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 4, 2022

Updated: 5 hours ago

Views: 9

Favorites: 0