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Business ID BS142228

Join The Mexican Wave With This Busy Mexican Eatery Operating Under Management - Melbourne

Profitable and Ready To Grow With Management Team In Place - Price $425,000 plus stock

Profit From the Mexican Wave! According to research by Roy Morgan (Feb 2019), Mexican food is currently ranked number 5 out of the top 10 cuisines Australians like to eat. It is healthy food that Australians are growing to love. 

This established Mexican eatery business with a great following for its fresh Tacos and Burritos. Using only quality ingredients, all the food served are freshly prepared in the kitchen. Business is NOT A Franchise and operates from busy street location in inner suburbs of Melbourne. 

  • Easy to Operate with a management team generating sales in excess of $2.1 million (excl GST)
  • Prime locations with quality fit out and equipment
  • Serving freshly prepared Mexicans for dine-in and take-away
  • Licensed to serve alcohols and offers popular drinks such as Margaritas, Sangria and Mexican Beers
  • Busy with great online reviews and reputation 
  • Owner started this business with no background in hospitality and food, and currently has limited day to day involvement in the business 
  • The business has a management team that includes managers and chefs to handle the day to day operations
  • Business has all the systems and procedures documented 
  • Adjust Profit of close to $170,000 (FY2019) with a management team and can be higher if owner is looking to work in the business 

Owner will offer 4 weeks training and handover as there is a management team in place. 

For a new owner seeking to take a more hands-on role, there is potential to extract a higher level of profit by streamlining the existing management structure. This offers potential savings that can deliver an additional $60,000 to $100,000 pa, with potential adjusted income to a working owner (not an investor) in excess of $230,000 pa.  

Overall, this business offers multiple opportunity and is suitable for an owner with interest in food and seeks a proven business concept that has the potential to grow with more outlets, either as company owned or potentially to franchise the concept. A family or partnership will also be able to extra further financial return from the existing management based setup. 

Asking Price: $425,000 plus stock

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Business Sale Price:
$425,000 + Stock
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