Authentic Mexican restaurant in central Dallas with fast growing sales is available for acquisition. This business was first established in 2000 and was later acquired by the current owner of the business in early-2016. Majority of the customer base was solidly built over the decade of operation and consists of the large amounts of Hispanic individuals, nearby residents, and hospital patients & employees. Net sales average was $635,000/year in 2016 with $345,000/year allocated to the restaurant and $290,000/year allocated for the bar that has grown tremendously after acquisition in 2016. Proactive marketing is crucial to the further growth of this business as there are many untapped areas within the city that has a high density of residents. Marketing can be done in various ways such as direct mailing, family combos, happy hour, daily deals, delivery service, expanding menu items, and social media outlets. Since the acquisition in 2016, the current owner has upgraded all menu items with high quality ingredients and that has attracted many more customers from the area. Their menu consists of a variety of items that range from appetizers, grilled pork dishes, salads, tacos, fajitas, nachos, enchiladas, Tex-Mex entrees, and tortas. This business has grown drastically after the acquisition from the current owner, but with the right Buyer in place proactively marketing this business while being actively involved will make this business reach full potential.
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $10,800 (Included in listed price)
Financing: 100% down at the time of closing or $60,000+ down with Seller Financing for remaining amount(s).
Year Established: 1998
Facilities: All equipment maintained immaculately and inner kitchen. Restaurant and Billiard/ Bar is connected. Two suites, Bar and billiard in one suite (4,480 SF) and Authentic Tex-Mex (2,240 SF) in another suites, Total 6,720 SF. Ballard/Bar which can be improved for better bar experience. The dining area is very warm and true Tex-Mex dining experience. Both location serves Wine and Spirit.Support/Training: Owner will provide training during a three-week period for a smooth transition into the business operation.
Reason Selling: Other opportunities
Competition: Few competitors within the immediate market area, but this operation have been operating for over 15 years with popular recipes and well-known around the area.
Growth And Expansion: Proactive marketing is crucial to the further growth of this business although sales are consistently rising.
DealStream.com is an online community for dealmakers with over 100,000 active members in 100 countries.
Our members include entrepreneurs, corporate executives, private equity groups, business brokers, investment bankers, and M&A advisors. They use our website to buy businesses, sell businesses, and expand their professional networks.
If you are looking to buy a company or buy a business, we offer a searchable database with over 15,000 listings of businesses for sale, companies for sale, and franchises for sale. We have a lot of listings for middle market businesses for sale and large businesses for sale.
If you are looking to sell a company or sell a business, you can list your business for sale for free and reach thousands of business buyers and intermediaries.