Growing interest in Mexican cuisine has prompted significant growth in the Mexican food & restaurant industry. The growing appetite among all people in the United States for Mexican cuisine is increasing the size of the industry and positioning it to be a strong stable part of the restaurant industry. Mexican themed restaurants revenue gained 10.4% in 2014 as reported by the Dallas Morning News. Mexican restaurants exceed 38 billion dollars in annual revenue and have lower cost of good averages than most other cuisines. You can participate in this industry trend by acquiring this Mexican restaurant in fast growing Collin County, TX that we have listed for sale. Launched in 1993, this independent restaurant has prospered and is considered an integral part of the neighborhood where it is located. The restaurant has an established footprint & strong brand identity in this suburb of Dallas Fort Worth metroplex. The sales are consistent and much above the average for an independent restaurant and has cash flowed at a high margin rate each & every year. If you are interested in acquiring an established, authentic & profitable restaurant, than this turn-key opportunity may be a fit for you. For more information, email or call Jeff. To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page. Property Features and Assets: A freestanding building on a well traveled street that communicates the restaurant as having a fun, festive, eclectic environment Additional Details: The property is owned. The owner is willing to train/assist the new owner. This is not a homebased business opportunity. This is not a franchise resale opportunity.
Country: | USA |
City: | Texas |
Location Zip or Postal Code: | 75701 |
Title of Listing: | Mexican Restaurant - Established & Profitable |
Year Established: | 1993 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | , Square Feet |
Number of Employees: | Less than 10 |
Growth or Expansion Opportunities: | Market Competition and Expansion: Aggressive marketing can build the catering & take-out business |
Reason for Selling: | Retirement |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Asking Price: | $750,000 |
Gross Revenue: | $1,195,277 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |