Prime location Mexican Restaurant
Burlington County, NJ
| Asking Price: | $150,000 |
| Gross Revenue: | $384,000 |
| Rent: | $3,900/Month |
| Established Year: | 2000 |
| Cash Flow: | $90,000 |
| Inventory: | $5,000 |
| FF&E: | $60,000 |
Listing ID: 2269564Listing provided by BizBuySell
BUSINESS DESCRIPTION
Mexican Restaurant in Prime Location!
Well established Mexican restaurant in prime location close to many hotels and heavily travelled road in a strip center. Current owner and wife work in the business with 2 other full-time employees. One of the employees has been there for over 3 years.
DETAILED INFORMATION
Location
Burlington County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,280
Lease Expiration
28/02/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Dining area can seat over 70 and is separate from front counter and kitchen. Comfortable seating. Very suitable for dine-in service.
Competition
Not many Mexican restaurants in the area.
Growth & Expansion
Current owner doesn't do much marketing and has no website to advertise. New owner can increase sales by developing a website and increasing marketing activities.
Financing
Owner Terms:$40,000.00 Interest:7% Term Months:60 Monthly Payment:$792.04
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Other
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