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Businesses For Sale   >>   Chicago Businesses For Sale   

Highly Profitable Mexican Restaurant

Location  Chicago, Illinois, United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $703379
Net Profit / Cash Flow  $299756
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  10 - 19
Inventory  $137000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Other business interests.

Description  
This listing is for a highly profitable Mexican restaurant in Chicago that's available to a qualified buyer. This business offers a buyer a yearly income of well over $200,000. It is situated in a stellar location near the Midway airport and seats up to 200 guests. The restaurant has great food (traditional Mexican dishes and some great house specialties), a warm atmosphere and beautiful d‚cor. The business features a full liquor license and offers catering, take-out and delivery. They have a large and loyal base of customers and there is a party room that can be booked for private events. The catering and private parties are high profit areas of the business. Over the years of its existence, the restaurant has earned a terrific reputation in its marketplace (a reputation that's shown in its consistently strong revenues and owner benefit). In addition, approximately $137,000 in assets are to be transferred with the sale of the business. This is an outstanding opportunity. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $799,000


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