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.
Listing Details
Gross Revenue: $325,000
Cash Flow: $70,000
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.
Operation
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
Location
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
Summary
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.