Mexican Tex-Mex Restaurant for Sale

Jefferson County, KY
listing image
Asking Price:$400,000
Gross Revenue:$700,000
Rent:$5,731/Month
Established Year:2021
Cash Flow:$250,000
Inventory:$5,000
FF&E:$150,000
BUSINESS DESCRIPTION

Restaurant

Well established restaurant for sale with option to expand as multi-unit restaurant owner if you wish in future. Currently doing good but can be great if a owner/operator can run this place It's one of a kind in the area with more than 5K houses around it and like 4 apartment complex's with in walking distance from the restaurant and still 500 apartments and 240 houses being building in 0.7 miles from restaurant and also 0.5 mile away from Ford KTP plant as well as more than 20 other company within 1 mile radius.


DETAILED INFORMATION
Location
Jefferson County, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,300
Lease Expiration
31/12/2030
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Store got more potential than current but owner is not able to take care of business properly including customer service, food quality and Management.
Growth & Expansion
For growth you can do local marketing, have in store promotions or online promotions.
Support & Training
Owner will provide 2 weeks Training.
Reason for Selling
Absence owner
Franchise
This business is an established franchise
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Deep Patel
Deep Patel