As a growing town with the only Mexican restaurant, it is the first choice for Mexican craving with out leaving town. The community is seeking diversity and it has room to grow whether choosing to stay as a Mexican restaurant or other diverse cuisine. As things are opening up customers are ready to go out and support the restaurant industry. There is rise in sales and right now is the perfect time to buy!
Country: | USA |
State or Province: | LA","LA |
City: | Pearl River |
Location Zip or Postal Code: | 70452 |
Service Type: | Sit-Down Table Service, Counter Service/Fast Casual |
Title of Listing: | Restaurant in Pearl River: Mexican Restaurant |
Year Established: | 2013 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 2500, Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | Normal hours 11am-9pm |
Growth or Expansion Opportunities: | Yes there is plenty room for growth and expansion it is the only Mexican restaurant in Pearl River |
Reason for Selling: | In the past year things have been very busy to juggle a growing restaurant in a growing town, choosing to focus on future endeavors |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Asking Price: | $70,000.00 or best offer |
Gross Revenue: | 330,000.00 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | Flexible no contract |
Total Monthly Rent: | $1800 |