This is the chance to buy an established, quick-service Mexican restaurant at at great multiple Can be for a new owner or great chance for a great location for established franchisee. The restaurant was just established in July, 2015 and is also located in the food court of the mall. The Seller has been called overseas for consulting and would like to sell the business. Revenues are $202,821 (pro forma) from establishment through 7/3/16 with cash flow of $36,785. Sales were $152,116 from establishment through 3/7/16 and seller’s discretionary earnings were $32,011.
This is a potentially attractive acquisition for a new owner for a several reasons. The mall draws consumers from all over the United States and Mexico. The seller has successfully built a brand around the business. At this point, the business basically runs on auto-pilot. A new, more involved owner could spend more time at the business driving traffic to the location. A more “hands-on” approach will likely increase sales, according to the current owner. On the other hand, this “semi-absentee” setup may work well for an investor who simply wants a good return on their investment. The restaurant has local employees and established management, who are willing to stay on for a new owner. A new owner could also ramp up advertising efforts, as the current Seller does no advertising.
A new owner can jump into the shoes of the current owner and continue to build momentum in the catering part of the business. A new owner would also have the flexibility to add new, exciting menu items and discontinue items that may be lagging. The market is very supportive to local business owners and the mall and food court get a lot of traffic. This is a great opportunity to exploit that support. A good marketing owner will be able to steer business to its location easily.
Asking Price $65,000
You May Also Like
SE Asian Rest. in Affluent Austin TX Neighborhood #387685 posted Aug 13, 2015
- Austin, Texas, United States
Fantastic opportunity to acquire this highly visible restaurant in one of Austin's most affluent neighborhoods. This 6,000 sq. ft. facility, including full service bar, plus covered outdoor patio exudes a festive ambiance that has been enjoyed by this eatery's customers over the past 10 years. Currently...
Super Popular Healthy Trend Restaurant #461157 posted Jan 17, 2017
- Austin, Texas, United States
In the age of junk food and obesity this Eatery is a breath of fresh air for those who seek freshness, variety, and value. With a menu that is comprised of 100% trans-fat free ingredients, nothing is fried, and menu options for nearly every diet-sensitive need are available all within a comfortable...
Sunny's Rise Vietnamese Food #460988 posted Jan 13, 2017
- Manor, Texas, United States
Sunny's Rise Vietnamese Food Takeout & Delivery in Manor and Austin, TX. We are located at the Chevron Manor center on the frontage of Highway 290 in Manor, TX. Major brand name businesses/companies on the same intersections include Ford dealership, Autozone, O'Reilly, Starbucks. Manor high school,...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.