Listing Number: 76931-513028
This Mexican restaurant was established under the vision of the owner’s long experience in Mexican restaurants. Space was remodeled with the best quality of a truly Mexican ranch style. The friendliness of the trained staff and attention to detail makes a fantastic experience for customers. This location is in the great residential area of Sugar Land and on one of the main streets for easy access. The fresh quality of the food and drinks, specially Margaritas, keep clients coming back.
This location has significant untapped potential customers from its ideal demographics, location, and the place itself.
This location has been in operation for over a year and continues to see steady sales month after month with last month’s revenues of more than $60,000. The sale of the business includes FF&E valued at approximately $180,000, leasehold improvements at $100,000, and inventory at $10,000. Space is 3,700 square feet and currently there are currently 16 employees in the business.
Sellers are willing to train the buyer for 2 weeks or more in order to ensure a smooth transition. This business is perfect for an owner/manager who enjoys interaction with clientele but can also be run semi-absentee with the proper management.
- Price: $ 315,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $ 104,000
- Total Sales: $ 720,000
- Location: Fort Bend County, Texas
- Inventory: $ 10,000
- FF&E: $ 180,000
- Employees: 16
- Year Established: 2021
- Reason for Selling: Investing in another business
- Category: Restaurants