Mexican Restaurant, Dutchess County, NY

Price: $155,000

Location: Dutchess County, NY

Industry: Food and Restaurants

Listing ID: 03042020

Sally’s Mexican Restaurant is an authentic Mexican Restaurant business with 15 years of experience servicing the community. The Company is located in Dutchess County, New York in a 3000 square foot store front which contains a quaint bar and the capacity to serve 89 patrons. The Mexican restaurant is approved to operate by the Department of Health and also has a liquor license. Sally maintains an employee base of 3 full-time individuals and 1 part time employee.

Gross Revenue: $325,000

Cash Flow: $70,000

Seller Financing: Yes

FFE: $20,000 (Included in price)

Inventory: $10,000 (Included in price)

Reason for Sale:

Owner is relocating to the west coast.

Training & Support:

Will provide training.

Year Established: 2005

Days & Hours of Operation: Tuesday - Thursday 11 - 9, Friday and Saturday 11-10, Sunday 12-9

Owner Hours Per Week: 40

Non-Owner Payroll: $2,000

Employees: 3 FT, 1 PT

Lease Option: At the end of the current term, There is an option to renew

Monthly Rent: 3375

Type of Location: Store front in a strip mall

Square Footage: 3000

Facilities Information:

3000 SFT store front

Historical Summary:

The Company was founded in 2005.

Potential Growth:

There are tremendous opportunities for growth, by offering breakfast, brunch, catering, extended hours and the bar business.  All of these business opportunities can provide exponential revenue growth.