Price: $549,900
Location: Schaumburg, IL
Industry: Mexican Restaurants
Listing ID: 1-199
Listing Status: New
Ready to step beyond the fried ice cream and fedoras?
This Mexican restaurant and bar takes authentic Latin American food to the next level!
Instead of the usual cozy Mexican restaurant, this restaurant elevates Mexican cuisine to the next level of trendy, exciting dishes. Because of this, the restaurant is incredibly popular, having a wait time several times every week. The restaurant is well-loved by the local community with a steady stream of repeat customers.
More than that, it's close to the intersection of several different Chicago areas, allowing it to benefit from a large potential customer base. It also has a steady stream of catering revenue with orders from companies and events filling every lunch rush with tons of orders.
The company also has a incredible team that runs the day-to-day operations. They can handle most of the company relatively autonomously, allowing the seller to run a separate business and spend an average of 20 hours on this Mexican restaurant.
As far as a healthy business goes, this restaurant is very healthy with a happy customer base, a good team of employees, and only takes 20 hours a week to run. It's a great investment and has been growing ear-over-year for the past few years.
For more information, please fill out the CBR.
Total Sales: $1,470,692
Cash Flow: $132,000
FFE: $359,855
Inventory: $29,500
