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Address: 121 King St, Dameitta, Egypt
Phone: +25-506-345-72
Email: [email protected]

Mexican Street Food w/ Liquor License

Mexican Street Food w/ Liquor License

Oakland County

Listing#: C2666

CBB-website tags Small v1-2-03CBB-website tags Small v1-2-01
Description

This is a perfect opportunity for an owner-operator to own their own Mexican Steet Food Restaurant in a busy downtown area of Oakland County. This restaurant has high profit margins and growing sales. The restaurant is currently being operated by a manager who takes care of many of the owner’s responsibilities. An owner-operator can replace the manager to run the business and generate more cash flow. The reported cash flow includes the manager’s salary.

This restaurant has great menu options, including tacos, burritos, bowls, and many authentic Mexican side dishes. It also has a DDA liquor license that allows it to offer great beers and margaritas. The business has 5 Full-Time employees and 6 Part-Time employees who are cross trained in many daily tasks.

The restaurant is in a high-end busy plaza in a growing downtown district. Many residential homes and office buildings surround it. The owner has updated the restaurant’s build-out with new equipment throughout. This is a turn-key operation with all the needed equipment. The restaurant has great online presents with hundreds of 5-star reviews!

A new owner can grow the business by offering catering services to nearby establishments and doing creative marketing in the dense surrounding area. The current owner has other businesses that he would like to focus on, so the time has come for him to put this one on the market.

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Business Overview

Revenue $733,133
Cash Flow $178,871
Inventory $10,000 +/-
Year Established 2021
Seller Financing Yes
Employees 5FT 6PT
Asking Price $459,000
Key Statistics
  • Hours of Operation: Sun - Thur 11 AM - 8 PM, Fri - Sat 11 AM - 9 PM

  • Employees: 5 Full Time 6 Part Time

  • Year Established: 2021

  • Year Acquired: 2021

  • Liscence Required: Serve Safe, DDA

  • Seats: To follow

  • Parking: Ample

Financial Information
  • Gross Sales: $733,133

  • Source: Tax Returns

  • Cash Flow: $178,871

  • Source: Tax Returns

  • Inventory Value: $10

Seller Financing
  • Business Price: $459,000

  • Down Payment: $175,000

  • Monthly Payment: $5,758.50

  • Interest Rate: 8%

  • Amortization Period: 60



Location
  • Monthly Rent: $2,600

  • Lease Terms: Lease Expiration Date: October 1, 2026

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Disclaimer

This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.