0 4 Full Service Restaurants For Sale With Prime Real Estate!!!Elk River, MN 00000

For Sale
$12,000,000

Established chain, prime locations, high revenue.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional opportunity involves the acquisition of four highly successful, full-service Mexican restaurants in Minnesota. Established over four decades ago under the same ownership, this well-regarded chain boasts a strong reputation and consistent profitability. The asking price of $12,000,000 includes all four locations, their prime commercial real estate, and extensive, high-quality equipment. Each restaurant features a fully equipped commercial kitchen, designed for efficiency and high-volume production. These kitchens include walk-in coolers and freezers, conveyor ovens, fryers, and ample prep space, along with point-of-sale systems, dishwashers, and other essential equipment. The dining areas are spacious and well-maintained, featuring comfortable seating, large bar areas, and extensive parking. The restaurants offer diverse menus, including lunch, dinner, and catering options, featuring appetizers, fajitas, salads, burritos, tacos, grilled items, and desserts. The locations benefit from high-traffic roads and excellent signage, contributing to their consistent success. The current annual gross revenue is $10,745,409, with a cash flow of $1,105,448. The sale includes all existing equipment, fixtures, and furnishings. The seller is retiring, presenting a unique opportunity for a buyer to continue the legacy of this successful business and expand its reach into new markets. The current lease agreements extend indefinitely. The business employs 411 people. Detailed financial information is available upon request, subject to a confidentiality agreement and proof of funds.

Highlights

  • $12,000,000 asking price for four established Mexican restaurants in Minnesota.
  • $10,745,409 annual gross revenue and $1,105,448 cash flow.
  • Leased real estate; seller is retiring.
  • Includes all equipment, fixtures, and furnishings; 411 employees.
  • Four-week support provided to buyer; strong competition with great community reputations.
  • Opportunity for continued growth and expansion into new markets.

Property Details for 0 4 Full Service Restaurants For Sale With Prime Real Estate!!!

Property type
Other retail properties, Restaurants
Year Built
1975

Location Insight

City
Elk River
County
Sherburne
State
Minnesota

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0 4 Full Service Restaurants For Sale With Prime Real Estate!!!
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