Profitable Fast Casual Mexican Restaurant For Sale Located in Ulster County New York Offered at Only 1.75X Earnings. Open and Operating More than a Decade in a Fabulous Location with Plenty of Foot Traffic. Verifiable Books and Records Show Annual Cash Flow of Over $80,000 for an Owner Operator. Should Qualify for 3rd Party SBA Lending to a qualified Buyer.
Priced at under $140,000, this fast casual Mexican Restaurant for Sale
hits high marks in all areas making this a terrific acquisition for someone looking to own and operate a well known and established business while earning an average of $7,000 per month. Terrific reputation, strong financials, and a great lease of less than $2200 per month make this an attractive proposition.
This Mexican Restaurant For Sale offered by We Sell Restaurants
has received national recognition for their amazing Burritos, Tacos, Salads, Nachos and other delicious dishes. The secret is they use only fresh and natural ingredients, prepared quickly to create a bold balance of flavors that keep their customers coming back again and again. Customers can sit down, take out, order curb-side, or have their food delivered. The restaurant is a very manageable 500 square feet with an amazing rent for a downtown location of only $2150 per month.
NY is located approximately 90 minutes north of New York City and the Hudson Valley border and 90 minutes south of Albany. Some more popular towns in Ulster County
include: Kingston, Woodstock, New Paltz and Saugerties. This profitable fast casual restaurant is located in a town known for being one of the most sought after places to live in the Hudson Valley area. This Mexican Restaurant For Sale is surrounded by amazing scenery, affordable housing, a state university, and friendly neighbors make this an amazing place to own a business and call home.
Sales in 2020, even with the impact of Covid, exceeded 2019 and 2021 is off to an even better start ensuring a new owner years of success. Contact your restaurant brokers at We Sell Restaurants to learn how you can be the next owner of this amazing Mexican Restaurant For Sale.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this Mexican Restaurant For Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552
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