Texas Margarita's Mexican Restaurant with 25 Years of Goodwill

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$499,000
Revenue
$821,505
Business Description

This is a rare offering to acquire a family owned and operated business that has been graciously serving it's community and beyond for over 25 years with exceptional food and service. Located in a region featuring strong growth, tourism, hospitality and restaurants, this popular venue is situated in a city achieving record sales tax revenues. The comfortable dining experience features a plethora of outstanding Tex-Mex plates with recipes perfected over a quarter of a century. As the region is poised for accelerated and continued growth, so is this venue, as it boasts well over 200 seats with both tables and bar seating, as well as outside patio seating. The quality food, outstanding service and great value has created tremendous goodwill in the brand throughout the community. 3 new air conditioning units and a parking lot with over 60+ spots keeps regulars coming back and the experience provides newcomers many compelling reasons to become raving fans. Location: Marble Falls, Texas Year Established: 1996 Number of Employees: 6 Real Estate: Leased Building Sq. Ft.: 5,500 Rent: $9,625.00 Per Month Lease Expiration: 12/31/2026 Facilities: Located on and adjacent to, two major traffic arteries. Across the street from an anchor grocery store. Website: www.texasmargaritas.net Market Outlook/ Competition: Top 5 restaurant with 30 competitors. Growth & Expansion: Restaurant has capacity for 50%+ growth. Parking, seating and the kitchen can all accommodate this level of growth. A strong marketing budget and campaign, along with a larger team will make it happen.

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

Listed: Apr 18, 2022

Updated: 1 week ago

Views: 6

Favorites: 0