Sold
$800k+ Cash Flow, Two Highly Profitable Restaurants with Real Estate
Texas Restaurant Advisors and bigInk Commercial Real Estate requires and NDA and Buyer Disclosure before releasing any confidential information on this listing.
Rare opportunity to purchase two profitable restaurants with real estate in the Tarrant County market. The businesses have been in operation 30+ years and are icons serving sizzling off the grill fajitas, enchiladas, guacamole, fresh salsa and queso. Each building has over 10,000 square feet of space under roof with ample, owned parking lots.
Listed By: Aaron Evans
Background information
Reference:
TR1047
Year established:
1985
Reason selling:
Retirement
Finance
Sales:
$7,370,005
Profits:
$834,870
Operations
Employees:
120
Equipment:
Included in asking price $589,208
Inventory:
Not included in asking price
Premises
Facility:
Each location has over 10,000 square feet under roof with ample parking, patios, huge kitchens, walk in freezers and refrigerators, storage and decorations.
Location:
Tarrant County, TX
Opportunities
Growth:
These businesses have been in operation a long time and have perfected their systems and processes that create consistency and profitability. There is the opportunity to increase catering sales and bring their hot salsa into local grocery store chains. There is upside in liquor sales by implementing signature margaritas and other cocktails. Another opportunity is a greater social media presence and ad impressions.
Price and terms
Price:
$8,000,000
Training:
Current owners are will to train as needed to ensure a smooth transition. There are strong general managers, kitchen managers and bar managers in place. Agreements could be made with them to stay on board.