High End Mexican Restaurant (Brooklyn, NY)
Purchase Price $250,000
2016E REVENUE: $429,000
2016E CASH FLOW: $80,000
TIME IN BUSINESS: 5 YEARS
REASON FOR SELLING: Moving
Revenue
Cash Flow
- The owners have spent zero marketing dollars to date. A new operator could greatly increase performance with little effort and spend on the marketing front
- Fantastic reputation with very high ratings on Yelp, Foursquare, Facebook, and the New York Magazine
- Mexican food and cocktails (liquor license in place)
- Staff can remain with the business through ownership transition
- Very close to the subway in a particularly high growth neighborhood in Brooklyn
- The lease still has another 9 years remaining at an attractive price