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Profitable Morris County Restaurant for Sale - Over $300K Annual SDE

This Latin American Restaurant for Sale in Pompton Plains New Jersey is ready for a new owner, and that new owner looks a lot like YOU!
Bring your offers to this established business that is sending the current owner home with over  $300,000 year after year in Seller Discretionary Earnings on annual sales of $2 Million.  Open and Operating for 5-plus years.  Should qualify for SBA Lending.

 
Don’t delay on acting on this Latin American Restaurant for Sale. While the primary Cuisine is Mexican, the menu features other popular Spanish favorites.  The Restaurant Brokers know that deals like this don’t go on the market every day! Not only do you get an open and operating business that is generating income, but you also get a business that is in a prime location!  Pompton Plains is on the up-and-up and businesses in this area are doing nothing short of thriving!   The driving forces behind this profitable restaurant are delivery, take-out and catering.  The absence of dine-in keeps expenses low and operation simple.  The rent is only 4% of sales contributing to top-line earnings!
 
Searching for a business that you don’t have to shell out all your capital at once? This one is it! The Restaurant Brokers have the most lending resources and can get you approved in just a few weeks – usually less! We help you find the restaurant of your dreams AND help you with the resources to make it happen! Let’s get you on the fast track to owning this Mexican Restaurant for Sale today!
 
This Mexican Restaurant for Sale is an A+, home run listing. Need more convincing? When you buy this Mexican restaurants for sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained.  The current owner is selling after owning the location since 2017. They will stay on board after closing; however, to provide you with 2 weeks training without pay. They utilize a Revel POS system with 3 order takers/tills, mobile unit and five kitchen stations.  orders are synced for on-line and 3rd party for easy processing.  Social media is utilized to attract and retain customers.  Although considered Mexican cuisine, the menu include many Latin American favorites appealing to a broader customer base.

Don't delay, contact your restaurant brokers today at We Sell Restaurants to learn more about this terrific high earnings opportunity.  Interested Buyers will also need to provide at least $200,000 in verifiable liquidity prior to receiving name/address and other proprietary information on this 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 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

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 9498
  • Price: $625000
  • Location: Pompton Plains

Lease Term: Remainder of 5 year with option for 5 more

Monthly Rent: $6700,

Indoor Seating: n/a

Inside Sq. Ft: 3479,

Hood System: Yes

Hours Open: 10:30 am to 9:00 pm

# of Part-Time Employees: 22

# of Full-Time Employees: 16 includes 3 managers

Net Sales: $2326611.00

Owner Benefit: $369329

Features

  • Morris County, Pompton Plains New Jersey Location
  • Mexican and Latin American Cuisine
  • $2 Million Annual Revenue Generating $300K-Plus in Earnings
  • Should Qualify for SBA Lending
  • Open and Operating 5-Plus Years
  • Monthly Gross Lease Rate of $6700 / Only 4% of Sales
  • Restaurant For Sale
Profitable Morris County Restaurant for Sale - Over $300K Annual SDE

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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