Established Mexican Restaurant – $1,075,000

Large well-established Mexican Restaurant (opened in 1984) in Eastern Nebraska is now available for purchase. The facility is large enough for group meetings in the dining room (capacity 140), in addition to the walk-in/drive-thru side which has consistently grossed over $500,000 in revenue. This solid business has survived street reconstruction and Covid and is only challenged by a shortage of quality employees, as are nearly all restaurants large and small. The business features over $84,000 in furniture, fixtures and equipment and is stocked with $25,000 inventory, all included in the asking price. The building has a new roof (2022), newer HVAC system, and 38 parking spaces. The weighted cashflow for the past 3 years is nearly $60,000. Growth opportunity includes expanding delivery both in-house and out-sourced. The recipes and concept can be easily replicated, to add other locations. The seller has owned the business for the past 10 years and is now ready to retire. He would prefer to sell both the business and building but will consider all offers. For a business only purchase, the seller is willing to provide a very reasonable lease rate and term. Start 2024 off with a great new opportunity, contact Dennis Huffine, Founder/Partner, BEST Advisors LLC, dennis.huffine@bestadvisorsne.com, 402-350-6494 for complete details and/or to arrange a private tour with the business owner.