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Accommodation & Food Services

Successful Mexican Grill And Bar With Multiple Income Streams

Schaumburg, IL, USA
Updated 7 days ago

**PRICE REDUCED $150k FOR QUICK SALE TO ALLOW OWNERS TO MOVE OUT OF STATE TO BE NEAR FAMILY** Ready to step beyond the fried ice cream and fedoras? This Mexican restaurant and bar takes authentic Latin American food to the next level! Instead of the usual cozy Mexican restaurant, this restaurant elevates Mexican cuisine to the next level of trendy, exciting dishes. Because of this, the restaurant is incredibly popular, having a wait time several times every week. The restaurant is well-loved by the local community with a steady stream of repeat customers. More than that, it's close to the intersection of several different Chicago areas, allowing it to benefit from a large potential customer base. It also has a steady stream of catering revenue with orders from companies and events filling every lunch rush with tons of orders. The company also has a incredible team that runs the day-to-day operations. They can handle most of the company relatively autonomously, allowing the seller to run a separate business and spend an average of 20 hours on this Mexican restaurant. As far as a healthy business goes, this restaurant is very healthy with a happy customer base, a good team of employees, and only takes 20 hours a week to run. It's a great investment and has been growing ear-over-year for the past few years. For more information, please fill out the NDA.

Inventory

$29,500

Internal Id

1-199

Support & Training

Seller willing to help during transition to guarantee success!

Financials

Asking Price
$400K
RevenueMost Recent Year
$1.5M
Earnings (SDE)Last Reported
$132K
Assets ValueNot Included in Asking Price
$360K
Seller Financing
Not available

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