Profitable Mexican Restaurant for Sale, calgary

Profitable Mexican Restaurant for Sale

Price: $490,000

calgary > For Sale > Business > Profitable Mexican Restaurant for Sale (#115313)
User: 31755
Description

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The family who started this business wanted to offer Calgarians fresh, organic, authentic, fresh Mexican food. They have done that and more. From their humble beginnings, and despite the slowdown in the Alberta Economy this business continues to grow in sales year after year

Their authentic products can not only be found in their place of business but also in many Quality Retailers throughout Western Canada. Owners who are retiring will fully train buyers in all aspects of operating this business.

This business has incredible staff who for the most part operate the business. If you are looking to purchase a restaurant business that will give you years of steady income because good food and good staff never go out of fashion then you should put this in my must-see business list.

Business at a glance
Building Size: Retail space 1194 sq. ft.
Warehouse Space: 1000 sq. ft.
Monthly Rent: 3980 per month
Warehouse: 1100 Utilities included
Lease expires: Aug. 31 /2019 with a 5 year option
Lease deposit: 1 months rent
Gross Sales: (2017) 707,000 ( 2016) 601,000
Adjusted Net Income: 158,000
Number of employees: 3 Fulltime and 1 Part-time
Hours of operation: Monday- Friday 9am-7pm. Saturday 9-6

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