Thriving Mexican Grill and Empanada Factory w/10 year History

Gloucester County, NJ
Asking Price:$270,000
Established Year:2014
Cash Flow:$163,000
BUSINESS DESCRIPTION

Fully established, turn key business.

Price negotiable
Restaurant is an established quick service restaurant with loyal customers and active catering business. This restaurant excels in the quality of our fresh food and speed of preparation. Our menu is almost entirely made from scratch. Empanadas are made daily and have become our flagship item. We are centrally located in a thriving community that provide us with a constant flow of customers. The catering business has many loyal customers who return for birthdays, graduations, and anniversaries. An industrial park adds greatly to our catering business by ordering lunches for training, employee rewards, and conferences. Groups, fire, police, and hospital workers have come to us for catering for day and evening service.
Our Empanadas have become a legend. They are handmade everyday and offered in 11 styles. Customers drive miles to order our delicious empanadas, voted "Best in South Jersey" by South Jersey Magazine. Customized empanadas are frequently requested.
The possibilities for an ambitious owner to expand are many: South Jersey's numerous festivals and farmer's markets are fertile ground for an Empanada or Taco Food truck. Selling from a table at a farmers market would be lucrative. The placement of empanadas in local supermarkets and wineries is a viable market.
Online website and menu increases our visibility. Not a franchise, so there is complete flexibility!


DETAILED INFORMATION
Location
Gloucester County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Competition
Restaurant is the only Mexican Grill in the area. We have a monopoly on empanadas and enjoy orders and catering in a large radius.
Growth & Expansion
Our business is primed for expansion by an ambitious new owner. Taco and/or empanada truck would do very well in our festival and farm market rich location in South Jersey. The industrial park is rife with large corporations who need to provide their employees with lunches, conferences, and visitors. Placing empanadas in local convenience stores and grocery stores is possible. We have been working limited hours, we close at 6:30 pm; closing at 9:00 pm would immediately increase revenue.
Support & Training
Owner will train
Reason for Selling
We would like to retire
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Hannah Heritage
Hannah Heritage