Growing Profitable Restaurant Reduced $110K









Attn: Moises Zuniga
Langley Park, Maryland
Listing Number: 1016






Asking Price: 145000
Industry: Growing Profitable Restaurant Reduced $110K
Reason for Selling: Retiring
Year Established: 2003
# of Employees: 3
Yearly Revenues: 275,000
Yearly Net Profit: 80,000



Overview:
Family owned and operated. We have worked hard at customer service treating all clients with great communication, dependability and service above and beyond. This is why we preserve 100+ satisfied customers.

Property Features and Assets:
This is a casual Mexican/Central American cuisine type restaurant with an awesome Decor that everybody loves. The owner has spent a lot of money in décor and advertising the last 3 years and has built a very good repeat business. Last year he substantially reduced his marketing and sales still increased double digit and this year he is reducing marketing even more as it is not necessary now that the reputation and re image has been established. The owner runs it semi absentee now and has other businesses he needs to focus on now that he has made this a success. The owner will finance everything above 110,000 down.



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.