Mexican Restaurant Franchise
Franchise Businesses

Business ID: 1083

Mexican Restaurant Franchise

MD
Baltimore
Asking Price

$ 67,500.00

Cash flow
$ 220,000.00
GROSS REVENUE

$ 1,017,057.00

Building SF

3000

Business Description

***SBA Pre-Approved for Qualified buyers***


A franchise Mexican Grill restaurant is up for sale in Baltimore county MD. It did over 1 Million in revenue with 100% absentee owner means it has so much potential for hands on operator. There are many car dealerships, schools, corporate offices, hospital etc for huge catering potential.


Absentee owner has been running this restaurant for last 12 years and still doing great however there is much more room for improvement in sales and cut down in expenses for new owner who can allocate some time for restaurant.


Strong net worth is required to meet Landlord's requirement. As per lender, Down payment money should in account for at least last 3 months.


Franchise fee, training fee, LL deposit shall be extra. CF includes manager's $50k salary.

As per SBA lender 20%-35% down-payment is required based on buyers credit worthiness.

Not much room in price negotiation.

Detailed Information

Location
MD
Baltimore
Inventory
$ 10,000.00   * (Not included in Asking Price)
Real Estate
$ 0.00   * (Not included in Asking Price)
Rent Amount
$ 12,000.00
Furniture, Fixtures & Equipment
Included in Asking Price