Mexican Restaurant & Bar with $1.5 million in Sales

This Family Mexican Restaurant and Bar located in Montgomery County, Texas has been a staple in the community for over 20 years. The simple concept featuring traditional Tex-Mex food and alcohol allows for low food costs, low labor costs and high [profit margins. The business has had consistent sales year over year sales even during the pandemic. The business has generated over $1,500,000.00 in sales consistently for the last 2 years. The reported cash flow is $280,000, there is more to share after and NDA is signed. With a great team in place that allows the owners to over see the operation. The business is a great addition to a restaurant portfolio or for a new owner. Location: Montgomery County, Texas Year Established: 1995 Number of Employees: 33 Real Estate: Leased Building Sq. Ft.: 3,000 Rent: $5,000.00 Per Month Facilities: This is a leased location of 3,000 square feet with a Total Rent of $5,000. Seller is active in the business with 18 FT employees, 4 PT employees and 11 Independent Contractors. Hours of operation are 11 AM to 9 PM, Monday - Sunday. $100,000 in Inventory and $125,000 in FF&E included in Asking Price. $150,000 made in Leasehold Improvements. ServSafe and Liquor License Required. Market Outlook/ Competition: The business has competition in the market, but nothing that compares to the product, service and facility this business has. Growth & Expansion: The business could increase revenue by investing in marketing.