QSR-Latin/Mexican Restaurant (Pick-Up and Delivery Only, No Dine-In)

Morris County, NJ

Seller Financing Available

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Asking Price:$1,000,000
Gross Revenue:$2,212,478
Rent:$6,650/Month
FF&E:$100,000
Cash Flow:$120,000
Inventory:$40,000
EBITDA:$180,000
Established Year:2017
BUSINESS DESCRIPTION

Number 1 Independent QSR in New Jersey for Latin Cuisine. only pick-up and delivery.
• 2023 Gross Revenue: $2,212,478 | 2024 numbers are similar to 2023.
• Weekly Orders: 1000 Orders per Week. 10% from Food Aggregators. 90% orders come directly either
via restaurant website, phone or walk-ins.
• 40% Delivery Orders. All deliveries are done by us. including orders that come from Aggregators.
• Customer Email Database: 20,979 (within a 5-mile radius).
• Customer SMS Database: 17,474 (within a 5-mile radius).
• Management: 3 managers in place

Potential Acquirers and Investors:
1. Searcher Funds or Private Equity players in QSR Space.
2. Existing F&B Operators: Add a new Brand in you portfolio

Opportunity:
1. Scalability: The current owner has implemented systems and processes for scaling to multiple units. A
streamlined menu is ready for expansion beyond the 5-mile radius.
2. 2nd Brand: Existing F&B operators can introduce their own menu under their brand at this location,
leveraging the existing customer database of 18,000 with minimal marketing effort.

Current Owner:
• Owns IT businesses in USA and Started F&B Ventures in India in 2023. This business was acquired in April 2023.
• Needs to focus on India- based F & B Businesses.


DETAILED INFORMATION
Location
Morris County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
40,000
Lease Expiration
31/12/2026
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3000 Square Facility Included Kitchen, Storage and Lobby for Customers. All Equipment is properly maintained and serviced.
Competition
Mexican food is a extremely fast growing Segment among Ethnic Foods.
Growth & Expansion
1. Scalability: The current owner has implemented systems and processes for scaling to multiple units. A streamlined menu is ready for expansion beyond the 5-mile radius. 2. 2nd Brand: Existing F&B operators can introduce their own menu under their brand at this location, leveraging the existing customer database of 18,000 with minimal marketing effort.
Financing
20% in equity rollover and a 20% Seller Note. Open to remain as Minority Partner
Support & Training
• Will provide sufficient transition support and assist new Management and is open to remaining as minority Partner.
Reason for Selling
Not enough time for this Business.
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Ashwani Jasti-AJ
Ashwani Jasti-AJ