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Quick Service Authentic Mexican Restaurant In North Dallas For Sale

North Dallas, Texas, US
Asking Price:
$109,000 (USD) Furniture / Fixtures included
Sales Revenue:
$210,000 (USD)
Cash Flow:
$41,000 (USD)

An authentic Mexican restaurant serving made to order dishes in a prime location is now available for acquisition. This business occupied in a 1,240 SF space of a retail strip center in North Dallas that features a no-frills and cozy interior that is located next to an intersection with consistently heavy traffic in a heavily populated neighborhood. This business was established in 2009 by the previous owner and acquired by the current owner in 2014. Most of the customers are a good mix of low to middle-class individuals and families coming from the surrounding densely populated residential neighborhoods. There are few other direct competitors in the area, which is expected due to the demographics of the area, but each location has its own set of customer base and has not had any adverse effect financially This authentic Mexican restaurant serves made to order dishes of high-quality Mexican cuisines that range from breakfast burritos, quesadillas, tortas, enchiladas, tacos, home-style seafood entrees, and etc. The average gross monthly sales are approximately $18,000 without much proactive marketing other than utilizing third party delivery services. Its prime location coupled with proactive marketing and new owner's active involvement in day to day operations will definitely bring his business back to its previous days and be able to reach its full potential. Currently, there is a very minimal amount of marking being done other than numerous positive reviews, and there are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, and daily specials, catering services, in-house delivery, and etc. Also, by obtaining a TABC license to sell alcohol will greatly boost overall sales. This established authentic quick-service Mexican restaurant is a great business opportunity for an active owner-operator who can take this business to the next level.

Property Information

Real Estate:

Lease

Location:

This business is located in a 1,240 SF space of a retail strip center which features no-frills and cozy interior that is located next to an intersection with consistently heavy traffic as well as densely populated neighborhoods. All equipment is in good condition and in working order.

Size in square feet:
1,240 SF

Business Operation

Expansion Potential:

Minimal marketing is done, and proactive marketing methods are needed to fully utilize to achieve maximum income potential. This business is ideal for owner-operator who can be in charge of day to day operation and online and offline marketing of the business while keeping all books and records up to date.

Competition / Market:

There are few other direct competitors, but each location has its customer base. This business is optimally placed next to one of the busiest roads in the city and easy to access than other competitors.

Reasons for selling:

Health issue/Retirement

Employees:
2FT/3PT
Years established:
2009

Other Information

Support & training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

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:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$3,500 (USD)

Contact Information

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