Business Overview

This Semi-Absentee owner business is situated in San Antonio, this
restaurant & food truck has become popular with locals and visitors alike.
They offer a selection of authentic Mexican food with some American
classics that are favorites among their customers & geographical location.
Since its inception, they have developed a stellar reputation for first-rate
customer service in a very relaxed atmosphere. Their food is exceptionally
flavorful and always delivered fresh off the grill to their customer.
The restaurant currently utilizes a marketing strategy that includes Uber
Eats, Door Dash and GrubHub. Their popularity is bolstered by excellent
Google reviews and a loyal, growing customer base. This business has a
significant opportunity for market expansion.

Due to the uniqueness of the business, VR Business Brokers will require prospective buyers to provide a bio and proof of funds. In addition to an executed NDA, before providing any business information.

For more information contact Javier Luna.
Email: Jluna@vrsanantonio.com or 210-966-4104

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $400,000
  • Gross Revenue: $2,387,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

Seller will provide up to 4 weeks of training.

Purpose For Selling:

Other business interests

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. However, the genuine reason and the one they tell you might be 2 completely different things. For instance, they may say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these might just be excuses to try to conceal the reality of transforming demographics, increased competitors, recent decrease in earnings, or a range of various other reasons. This is why it is really important that you not depend absolutely on a seller's word, but rather, use the seller's answer along with your general due diligence. This will repaint an extra reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses borrow money in order to cover items such as inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that revenue margins are too tight. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that have to be satisfied or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area bring in new customers? Many times, businesses have repeat clients, which form the core of their everyday profits. Specific variables such as brand-new competition sprouting up around the area, road building, as well as employee turnover can affect repeat clients as well as adversely influence future incomes. One vital thing to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business often, the greater the opportunity to construct a returning consumer base. A final thought is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Just how might the local typical household earnings impact future earnings potential?