Well established Mexican Restaurant

Madison County, IL

Seller Financing Available

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Asking Price:$250,000
Inventory:$20,000
Gross Revenue:$900,000
Established Year:1995
BUSINESS DESCRIPTION

*10 year plus established business
*In-House recipes
*Full Time cook and kitchen management
*Well maintained kitchen and facility equipment
*Established clientele
*Prime location

The business was established by the current owner in 1995. It has a great reputation and is competitively priced in the market compared to other competitors. It services clients within a 30 mile radius of the town of Edwardsville. The new owner could operate owner absentee due to existing full time staff, or great opportunity to be hands on and reduce payroll. Owner is willing to stay on as needed to help the new owner both transition and help with future needs


DETAILED INFORMATION
Location
Madison County, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,100
Employees
7
Facilities
Well maintained restaurant and equipment. Bar, Kitchen and front of the house.
Competition
There are other Mexican restaurants in the town/area. Demographics allow for them all to be successful .
Growth & Expansion
Kitchen is large enough to handle a catering menu. Delivery options available all throughout the area with DoorDash and Uber Eats which is currently not being utilized.
Support & Training
The new owner could operate owner absentee due to existing full time staff, or great opportunity to be hands on and reduce payroll. Owner willing to assist during transition of the business.
Reason for Selling
Retirement
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Darin & Dana
Kinsolving
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Darin & Dana Kinsolving