Restaurant in Pearl River: Mexican Restaurant

Pearl River , LA

Restaurant in Pearl River: Mexican Restaurant


As a growing town with the only Mexican restaurant, it is the first choice for Mexican craving with out leaving town. The community is seeking diversity and it has room to grow whether choosing to stay as a Mexican restaurant or other diverse cuisine. As things are opening up customers are ready to go out and support the restaurant industry. There is rise in sales and right now is the perfect time to buy!



Location

Country:

USA

State or Province:

LA","LA

City:

Pearl River

Location Zip or Postal Code:

70452

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual

Title of Listing:

Restaurant in Pearl River: Mexican Restaurant

Year Established:

2013

Number of Locations:

1

Number of Seats:

51-150

Size:

2500, Square Feet

Patio:

No

Number of Employees:

11-50

Hours of Operation:

Normal hours 11am-9pm

Growth or Expansion Opportunities:

Yes there is plenty room for growth and expansion it is the only Mexican restaurant in Pearl River

Reason for Selling:

In the past year things have been very busy to juggle a growing restaurant in a growing town, choosing to focus on future endeavors

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Financial Details

Asking Price:

$70,000.00 or best offer

Gross Revenue:

330,000.00

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Lease Term Remaining:

Flexible no contract

Total Monthly Rent:

$1800

Contact Listing Owner