Partner Or Buyout For Restaurant Location

www.GlobalBX.com

Listing ID: 700187754

Listing Title: Partner Or Buyout For Restaurant Location

Quick Link: http://www.globalbx.com/listing.asp?bId=187754

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: Mexico

State / Province:

Area

City: San Jose Del Cabo

Asking Price Range: < $250K

Gross Revenues: $60,000

Cash Flow: $25,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2010

Number of Employees: 10 - 19

Business Description:
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.



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