Property Details

Long Standing Popular Fast Food Casual Restaurant - Buffalo

Property ID : DE41.12

For Sale $85,000.00 - Restaurant

DESCRIPTION:

  • A fast casual, long standing restaurant located off a major Buffalo area highway
  • Operating for 21 successful years
  • Specializing in Burritos and other Mexican specialties
  • 2,000 square feet of dinning space
  • Large catering presence in the community
  • Located north of the UB Campus, and close proximity to the Football Stadium
  • Same owner and very loyal clientele through-out the years
  • Additional sales through a ghost kitchen can be explained
  • Hours of business 11-8 Monday through Saturday
  • Ample strip mall parking available

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):

  • Furniture, fixtures, and equipment at a fair market installed value of $40,000. 

LEASE ARRANGEMENTS:

  • Current lease is valid through 5/1/25 with options
  • Lease is $3,500 a month Gross

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

2023 2022 2021
SALES $622,644 $577,795 $536,685
SDE $102,417

 PRICE/FINANCING:

  • Asking price is $85,000
  • Some financing is available to a qualified buyer

 

COMMENTS:

This is an ideal owner / operator opportunity for a business that has shown increase sales

for the last 3 years. Adding beer and wine would increase revenue and pushing a new fad

Called “Ghost Kitchens” for on-line ordering only.

Agent David Enos


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