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Business for Sale Summary

Mexican Grill For Sale - 28533

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes
Mexican Grill For Sale
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $129,500 Down Payment $129,500
Gross Revenues $767,040 Lease Remaining Register Free to View
Owner’s Cash Flow $286,848 Number of FT Employees Register Free to View


$129,500 Down and

Business Description

BUY THIS RESTAURANT WHERE THE MOVIE STARS HIDE ? EXTREMELY PROFITABLE LIFESTYLE BUSINESS!! This location for this restaurant will be like taking a holiday while earning an extremely profitable living where the extremely wealthy live and vacation with the very rich folk. It is a place where there are numerous country clubs per square mile than anywhere else in the country, and its right on the coast. There is no competition for Mexican Restaurants, and the seller said that if the buyer were to offer breakfast the income would increase exponentially because the only restaurant that offers that is 20 miles away. The seller has spent over $50,000.00 in improvements updating this 3000 square foot restaurant that seat 130 at maximum capacity. The parking lot can accommodate over 100 vehicles with adjoining spots. This business was originally established 20 years ago and all the locals, seasonal residents, and vacationers love the fresh dishes served daily. One customer was remarking on the business and said, Great ambiance, happened onto good live music, normal excellent food and friendly service. We would recommend it. It's become our go-to place to meet friends. The word is out and the customers are coming to this establishment which is an awesome position for the new buyer who wants security in the investment. In fact, another customer backs this point with this statement, We walked in the door and was seated very quickly. The food was awesome and enjoyed the music while we ate. I would recommend this restaurant to anyone that likes Mexican. Will return. Thank you for the great customer service!! So if a buyer wants paradise and a 52% Net Income to Gross Profit with the likes of Tiger Woods, Reese Witherspoon, and Bill Murray as patrons then the opportunity exists RIGHT NOW. The current seller is averaging a 25% COGS and that can be dropped even further with our conversations. It is now realized that with the excess wealth of this location the same dishes could easily be increased to make it a target spot for the rich and famous with plates exceeding the $20.00 plus dollar price point. There are so many opportunities with this business that the new owner can easily take it to the next level. The seller has to sale immediately and relocate back home before the school year starts and MUST SALE NOW. The sale is only due to an unforeseen partnership dissolution which is forcing the sale of this business. However, this is great news for the restaurant buyer shopping now for a business and wishes to buy the best. CALL TODAY and ask for Rick Murray with Vested Business Brokers because any reasonable offer is better than no offer at all. The seller has agreed to accept all reasonable offers for review for a QUICK SALE AND CLOSING.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.