Thriving Mexican Cantina & Restaurant
Asking Price: | $625,988 |
Gross Revenue: | $2,000,000 |
Rent: | $5,800 |
Cash Flow: | $300,000 |
Inventory: | $25,000 |
Unlock your entrepreneurial dreams with this exceptional opportunity to own a highly successful Mexican restaurant in the heart of Riverside! With a decade of proven success, this newly remodeled restaurant boasts festive yet modern aesthetics, creating a vibrant and welcoming atmosphere for guests.
Key Highlights:
Decade of Success: A well-established restaurant with a strong reputation and loyal customer base.
Newly Remodeled: Enjoy a fresh, modern look that retains a festive charm, perfect for any occasion.
Prime Location: Centrally located in the bustling city of Riverside, attracting locals and visitors alike.
Full Alcohol License: Serve award-winning margaritas and micheladas, enhancing your menu and boosting sales.
High Volume Sales: Achieve impressive annual sales of $2,000,000 with an expected adjusted net profit of over $300,000.
Affordable Rent: Benefit from a fantastic lease with rent less than 8% of sales, maximizing your profitability.
Fully Staffed: Operated efficiently by a dedicated full staff, allowing you to step into an already smoothly running operation.
Financial Highlights:
Annual Sales: $2,000,000
Expected Adjusted Net Profit: $300,000+
Rent: Less than 8% of sales
This Mexican restaurant offers a rare opportunity to own a thriving, profitable business with a decade of established success. The recent remodel ensures a contemporary yet festive atmosphere that delights patrons, while the prime Riverside location guarantees a steady stream of customers. With a full alcohol license, you can capitalize on the popularity of your award-winning margaritas and micheladas, further driving sales.
The restaurant is fully staffed and operates smoothly without the owner's daily involvement, providing you with the flexibility to manage the business as you see fit. The affordable rent ensures that a significant portion of your revenue translates into profit, making this an excellent investment.
Next Steps:
Don't miss out on this incredible opportunity to own a successful Mexican restaurant in Riverside. Contact us today for more information and to schedule a viewing. Seize the chance to be part of this thriving business and continue its legacy of excellence!
Complete the contact form and we will send you an NDA for additional information.