Business To Buy
Mexican Restaurant & Bar |
| not disclosed, Utah |
This restaurant and cantina is a well-known and respected establishment that enjoys a great reputation for authentic Mexican food at an affordable price. They have earned a loyal following over the years, offering a broad variety of Mexican dishes as well as an American food menu. Guests can order from the menu or choose the buffet and sit in the dining room, patio or in the bar. (They have a restaurant liquor license). Catering service is available for family parties or company events. The purchase price includes the real estate and building valued at $800,000 and the business with a value of $700,000. The property is approximately .73 acres.
The owner is semi-absentee and relies on the loyal and well trained employees for the day to day operations. The owner wants to retire from the food industry and pursue other opportunities. Seller financing on the business is negotiable for a qualified buyer.
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Financials |
| Price: $1,500,000 |
| Gross Income: $1,004,940 |
| Cash Flow: $284,985 |
| FFE: $250,000 |
| Inventory: $6,000 |
| Real Estate Value: $800,000 |
About the Business |
| Office Reference ID: #210 |
| Year Established: 1976 |
| Financing: negotiable for a qualified buyer |
| Training: as needed |
| Facilities: approx. 6,300 sf on 0.73 acres on very busy thoroughfare |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Coldwell Banker Mergers & Acquisitions |
| Company: Coldwell Banker Mergers & Acquisitions |
| Phone: 801-947-8383 |
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| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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