Authentic Mexican Restaurant Franchise with Two Prime Locations – High Growth Potential
Description: Business Overview: Authentic Mexican Restaurant Franchise with Two High-Performing Locations
This thriving Mexican restaurant franchise boasts two prime locations in Maryland, each known for their authentic Mexican cuisine, award-winning dishes, and strong local reputation. Established by a dedicated owner, this business combines quality, culture, and community, attracting a loyal customer base and strong revenue growth.
Location 1: (Inner Harbor, Baltimore)
This location, established in 2019, is in a high-traffic area near popular Inner Harbor attractions, drawing both locals and tourists. It features a contemporary design and has become a local favorite for its menu, ambiance, and high-quality dining experience. This year, it generated $700,000 in revenue, following $955,000 in sales from the previous year, showing consistent performance and profitability.
Location 2: (Elkridge)
A newly opened location with projections to reach $800,000 in revenue within its first year, Elkridge builds on the franchise’s success by extending its authentic menu and excellent service to a growing suburban area. The location is positioned for rapid growth, with significant potential to increase its local following.
Key Highlights:
Award-Winning Menu: Both locations serve authentic Mexican dishes that have received regional and national recognition.
Prime Locations: Inner Harbor’s vibrant tourist area and Elkridge’s expanding residential zone offer strong visibility and customer accessibility.
Fully Equipped: Both restaurants come with modern kitchen facilities, established systems, and trained staff, allowing for a seamless transition to new ownership.
Revenue & Asking Price: With a combined asking price of $1 million, the business offers the flexibility of purchasing one or both locations. The franchise has been designed to provide strong returns with a built-in customer base and a recognizable brand.
This franchise presents a unique opportunity for a buyer to step into a well-established, award-winning business in a thriving market. Additional images and information are available upon request.
Popular Authentic Mexican Restaurant Franchise with Two Prime Locations – High Growth Potential
An exciting opportunity to own a well-established and thriving Mexican restaurant franchise, recently recognized on national television for its award-winning dishes and authentic flavors. The franchise boasts two highly profitable locations in Maryland, both strategically positioned in bustling areas with high foot traffic.
Financial Performance:
- Profit: The established location has consistently generated profit, with $100k recorded in 2024. Additionally, $700k was reinvested into opening the second location, ensuring a strong foundation for future growth.
- Profit for January to July 2024: $61k
- Historical profits show steady financial performance, making this a lucrative investment.
Equipment and Facilities:
- Location 1: All equipment, including kitchen, furniture, and sound/TV systems, was purchased new in 2019, with a current value of $114k. The premises have been meticulously maintained.
- Location 2: Brand-new kitchen and dining equipment, valued at $150k, is included in the sale, ensuring minimal initial capital expenditure for the new owner.
Asking Price:
- Total: $1M
- Location 1: $600k
- Location 2: $400k This package includes everything needed to take over and grow an already-successful business.
Additional Highlights:
- Recognized by national media for its authentic and flavorful menu, driving significant brand awareness and customer loyalty.
- The current owner has extensive experience in the food industry and is also a commercial pilot, offering training and support to ensure a smooth transition for the new owner.
This franchise is primed for expansion, making it an ideal opportunity for investors or experienced restaurateurs looking to take over a highly reputable and scalable operation.
The Furniture, Fixtures, and Equipment (FF&E) : not included in the asking price