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Mexican Restaurant In Dallas county For Sale

Dallas County, Texas
Asking Price:
$199,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$309,419 (USD)
Cash Flow:
$31,462 (USD)

Prime location authentic Mexican restaurant placed in high-end office building in the hub of Dallas is available for acquisition. This business was originally established by the current owner of the business in 2003. Competition is expected for this type of business, but this restaurant is an authentic Mexican restaurant placed in an area where authentic Mexican food is limited and the price point of the menu is much more reasonable than the nearby competition. Most of the customers are upper-class employees from the office building that has large amounts of disposable income and the numerous pedestrians that pass by the office building during all hours of the day. Net sales average was $380,000/year that has been consistent over the last several years of operation with only word of mouth and social media marketing. While word of mouth and social media marketing has provided consistent sales for the last several years, other proactive marketing tactics are needed to truly generate more cash flow. There are many methods to proactively marketing this business such as direct mailing, update interior decor, bigger signage, delivery service, 3rd party delivery service, catering, and expanding operation hours. The business only operates during the weekdays and can easily generate more cash flow by opening the business 7 days a week to attract untapped customers. Utilization of proactive marketing tactics will be extremely beneficial as the population density in the area is perfect for acquisition of new customers. Their menu has a wide selection of authentic Mexican food that range from appetizers, nachos, burritos, fajitas, flautas, chalupas, tortas, and enchiladas. This business has everything in place for a potential buyer to be fully involved in the day-to-day operation of the business while proactively marketing to acquire more sales.

Property information

Real Estate:

Lease

Location:

This business is located in 3,315 SF office building surrounded by numerous office buildings and roads filled to the brim with heavy traffic throughout all times of day. All equipment is in impeccable condition and in working order.

Size in square feet:
3,315 SF

Business Operation

Expansion Potential:

Some marketing are done through word of mouth and social media outlets, but other methods of proactive marketing is needed to generate more revenue.

Competition / Market:

Few competitors are within the immediate market area, but this is one of the only authentic Mexican restaurants that has a fantastic price point and ample volume of the food products.

Reasons for selling:

Retirement/Burnt Out

Employees:
1FT/6PT
Years established:
2003

Other Information

Support & training:

The owner of the business will provide the necessary training to smoothly transition into the business operation.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$70,000 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price

Contact Information

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