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#Business ID: 16084

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Charming Mexican Restaurant with Great Location and $470K Revenue

Business Location: Loveland, Larimer, Colorado, United States

Asking Price: BUSINESS SOLD Revenue: $ 470,000 Cash Flow: $ 72,000

[Furniture / Fixtures included]

Business Summary

With an excellent and accessible location, a great reputation, beautiful decor, excellent menu, equipment in great shape, and a solid core of employees, this restaurant presents an outstanding opportunity to anyone with some restaurant experience.
It has been in place for almost 10 years, and is on one of the main thoroughfares in town. The owner has been here for 7 years.

Property Details

Size:

3400 sq. ft.

Years Established:

10

Property Type:

Real & Lease

FF&E:

$ 60,000

Inventory Value:

$ 15,000

Other Business Details

Premise Details:

3400 square feet with 116 seats, including some patio seating. Plenty of parking. The interior decor and seating is beautiful and of high quality. Built in 2003, the builder did a great job, and gave the interior and exterior a beautiful look with durable booths and tables. The kitchen is spacious, with a walk in cooler and freezer.

Competition:

One of the few full-service Mexican restaurants in town. Has a prime and highly visible location.

Expansion Potential:

The menu could easily be expanded. The bar could be moved to a more central location within the restaurant. The patio cover could be enhanced.

Business Operation Details

Employees:

10

Support & Training:

Two weeks at no cost.

Miscellaneous Details

Financing Available:

Yes
Seller will finance 50%

Reason For Selling:

Seller is moving to be closer to family.

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