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Partner Or Buyout For Restaurant Location
Location: Mexico -> San Jose Del Cabo
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Looking for a partner who wants to take over operations or someone to buy out the entire business. Partners are willing to dilute shares to a partner with experience in the industry and with a professional background. Partner is to take over operations and financial obligations.

Lease is in the middle of the first 5 year term with an extension of 5 years. Also, partner's have first rights of refusal to buy property on very centrally located piece of land, on very centrally located hotel tourist zone.

Location in in the tourist zone in front of 6 large hotels. Restaurant holds 180 people seated, and has held events for up to 300 people.

Style of restaurant is palapa roof, open on three sides, large wrap around patio that seats 80, bar area that seats 60 people, dining area that seats 40 people, menu is international (burger's, pizza, sushi, seafood, Mexican). If looking for partnership $150,000 up front for 51% of company. Buyer: $300,000.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $60,000
Cash Flow:   $25,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $60,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Career change

Photos

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Partner Or Buyout For Restaurant Location Photo 1 Partner Or Buyout For Restaurant Location Photo 2 Partner Or Buyout For Restaurant Location Photo 3




Print Listing Id: 700187754


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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