Mexican Restaurant Group

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Gross Revenue:$11,816,000
EBITDA:$5,151,000
BUSINESS DESCRIPTION

The Company is a casual dining Mexican restaurant concept bringing together quality ingredients, refreshing beverages and good times for a crave-worthy experience. The Company has three locations in three states across the Midwest, United States and is expanding aggressively.

Key Aspects
• Customers dine at the restaurants primarily for the high-quality food,
exceptional service and excellent atmosphere
• The Company is positioned to expand quickly, with two more locations
slated to open in 2024 and 3-4 additional restaurants in 2025
• Average unit volume (AUV) or sales per restaurant reached $5.2 million in 2023
• Restaurant level cash flow margins showed strong results averaging 18.8%
from 2021 through 2023
• The Company generated outstanding average adjusted EBITDA margins of
14.0% from 2021 through 2023
•Financials as of 12/23
REF-BN000056737


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
•Expand geographically into neighboring markets • Increase distribution by adding delivery services without compromising quality • Grow customer retention by adding a customer loyalty program
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Matthew Kekelis
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Matthew Kekelis