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Businesses For Sale   >>   Mexico Businesses For Sale Categories   >>   

Partner Or Buyout For Restaurant Location

Location  Mexico
Asking Price Range  < $250K
Gross Revenues  $60000
Net Profit / Cash Flow  $25000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  10 - 19
Inventory  60000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Yes
Reason for Sale  Career change
Description  Looking for a partner who wants to take over operations or someone to buy out the entire business. Partners are willing to dilute shares to a partner with experience in the industry and with a professional background. Partner is to take over operations and financial obligations. Lease is in the middle of the first 5 year term with an extension of 5 years. Also, partner's have first rights of refusal to buy property on very centrally located piece of land, on very centrally located hotel tourist zone. Location in in the tourist zone in front of 6 large hotels. Restaurant holds 180 people seated, and has held events for up to 300 people. Style of restaurant is palapa roof, open on three sides, large wrap around patio that seats 80, bar area that seats 60 people, dining area that seats 40 people, menu is international (burger's, pizza, sushi, seafood, Mexican). If looking for partnership $150,000 up front for 51% of company. Buyer: $300,000.
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