This Profitable Mexican Restaurant for Sale is located in Ellijay Georgia in Gilmer County and Checks all the right boxes. Verifiable Books and Records Show Over $90,000 Earnings for 2022 on $800,000 in Annual Sales. A Low Rent of $4750 Per Month and Ten Years of Continuous Operation in the Same High-Traffic Location Make this a Rare Find. Add SBA and Owner Financing Options for a Well Qualified Buyer and you have very desirable Opportunity that won't last. PRICED TO SELL AT UNDER $200,000.
This Profitable
Mexican Restaurant for Sale has been open and operating profitably for ten years. The location is in a very busy shopping plaza on a high traffic road. You would think that for a location like this rent would be upwards of $20 per square foot but for this 4000 square foot site that can accommodate 168 guests inside and an additional 25 on their outdoor patio, the rent is less than $5000 per month.
We Sell Restaurants is offering this Profitable Mexican Restaurant for Sale that is located just over an hour north west of downtown Atlanta in Ellijay, Gilmer County has a terrific mix of full time residents, businesses, and visitors who visit all tear round for fun outdoor activities such as Apple Picking, Hiking, Antiquing, and even animal farms. Gilmer Georgia is a great place to live full time, own a business, or as a vacation destination.
This Profitable Mexican Restaurant for Sale serves all the traditional dishes such as Tacos, Fajitas, enchiladas as well as a full bar that serves up fresh and frozen margaritas and lots of draft beer choices. Annual sales have been consistently trending to be $800,000 generating owner earnings of over $90,000. The restaurant is fully staffed and the current owner will train for two weeks to ensure you continue on with the restaurant's successful revenue and profit trends. Don't miss out on owning this extremely successful restaurant priced to sell. Verifiable books and records should easily qualify for SBA lending with as little as 20% down and the owner will consider seller financing for a well qualified buyer.
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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 restaurants 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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