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#Business ID: 18165

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Reduced - Best Tex-Mex Restaurant Make Offer

Business Location: FT. Worth Area, Tarrant, Texas, United States

Asking Price: $ 119,000 Revenue: $ 226,000 Cash Flow: $ 0 to 100k

Business Summary

What an Amazing opportunity to grab a FAST GROWING, Exceptional Restaurant. This is one of those treasures you can only dream of. This is a super Tex-Mex/Salvadorian Restaurant.

It is the newest and most exciting Latin American restaurant serving delicious, top notch Tex- Mex. food joined by dishes from El Salvador. On the Tex Mex side, customers will find favorites like Burritos, Chimichangas, Enchiladas, and more, but for a real treat, and an excursion into the finest of Latin American cuisine, customers will want to try the authentic Salvadorean fare such as Pupusas, Sopa de Mariscos con Langosta, Pescado Frito, Paella Salvadoreña, and other Salvadorean delights. The menu meal prices range from $7.99 to $18.99.

The menu is studded with all manner of gilled and shell creatures -- from tilapia and at least three kinds of ceviche, to jumbo shrimp -- with lobster and especially mussels appearing in several of its marquee dishes. Showing off its versatility, the menu also offers plenty of Mexican dishes, with steak and chicken sizzle in fajitas, or in a perfectly turned-out taco.


This restaurant is in a fast growing and exciting area that offers the perfect spot with great visibility for great cuisine, and super yet casual dining experience with a wonderful ambiance.
While this great restaurant is fairly new and has just finished its first year in business, the business is showing constant monthly growth. It is currently BYOB, but could take advantage of immediate extra profits and business by just adding alcohol service. The assets of the furniture, fixtures, and equipment alone are worth the asking price.

Take one look and you will not only just fall in love it, YOU will HAVE TO HAVE IT!!!

Property Details

Years Established:

2012

Property Type:

Lease

FF&E:

$ 125,000

Inventory Value:

$ 3,000

Other Business Details

Premise Details:

What a fantastic Location this business has. It is located on VERY high traffic road in a Super Center with a Major Grocery store anchor. It comes with plenty of easy access and comfortable parking. The size of the Restaurant is 1863sq. ft. (approx.), plus has a fantastic patio area. The seating is set up for 60 inside and 20 outside (total 80). It comes with a fantastic 5 year lease that is good till Oct. 2017 with a 5 year renewal option. The rent is $3626per month and includes common area maintenance.

Competition:

The restaurant draws with Tex-Mex, and it has the Only Salvadorian food in the City

Expansion Potential:

By adding alcohol this business would increase sales by 30% or more. IT all ready expects a 25% increase this year. Also could add great income by doing catering.

Business Operation Details

Employees:

12

Support & Training:

The owner will provide 2 – 4 weeks of free on-site training, as well as up to 3 months of free phone consultation

Miscellaneous Details

Reason For Selling:

Focus on other business interest

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