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Businesses For Sale   >>   Texas Businesses For Sale Categories   >>   

Tex-Mex Restaurant - Uptown Interstate Location

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1200000
Net Profit / Cash Flow  $250000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2011
Number of Employees  20 - 34
Inventory  120000
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  The seller wishes to ensure a seamless transition with a purchaser. The seller will provide business marketing and management training to a buyer for 2 weeks included in the purchase price.
Reason for Sale  Seller owns several night clubs.
Description  MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a Mexican Tex-Mex Restaurant in a free standing building, located along an interstate highway in Dallas, Texas. The restaurant serves fresh Tex-Mex favorites, all combined with outstanding fajitas. The owner purchased the business in 2011, remodeled and improved operations. The business has been a Mexican concept at this location for many years. The business has quickly attracted a growing and loyal following. 2013 has started with excellent and record sales! February 2013 was approximately $120,000 versus Feb 2012 of approximately $80,000! The business is located in a busy industrial, office area near a large Hospital, major hotels and other attractions. The asking price for the assets of the business is $450,000 ALL-CASH or $475,000 with $235,000 down and $240,000 seller-financed. The assets include inventory at cost of $5,000 and FFE (Furniture, Fixtures and Equipment) valued at $120,000.
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