Fast-Growing Authentic Mexican Restaurant in Salt Lake County
Financial Details
Key Highlights
Description
This listing presents a compelling opportunity to acquire a fast-growing, authentic Mexican restaurant located in Salt Lake County. Established in 2022, the business has rapidly gained a strong reputation for its commitment to fresh, high-quality ingredients and a welcoming dining experience, cultivating a loyal customer base and significant brand recognition. The restaurant benefits from a prime location in a high-traffic area, ensuring consistent footfall from both locals and tourists. Financially, the business demonstrates robust performance with gross revenues of $1,270,251 and a primary profit metric (total revenue) of $144,518. Operations are conducted from a 2488 sq ft leased premises, with a monthly rent of $6,081 and a lease expiration in February 2032. The sale includes valuable assets such as $30,000 in equipment/fixtures (FFE) and $5,500 in inventory. The business is supported by a team of 7 full-time and 3 part-time employees and requires an Alcoholic Beverage License. The seller is motivated to pursue new ventures, creating an ideal scenario for a new owner to capitalize on the existing foundation and explore growth avenues like expanded marketing, enhanced catering services, and leveraging its food trailer. This is a rare chance to own a well-loved, profitable establishment.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2022
- Employees:
- 10
- Reason for Selling:
- Seller's next endeavor
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $6,081 USD
- Lease Expiration:
- 2032
Assets & Inventory
- FF&E Value:
- $30,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $5,500 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Rin Barrett
- Company:
- First Choice Business Brokers
- Phone:
- (801) 840-2700
Listing Details
- Listing ID:
- d4830b8c-d39b-44a3-9a6b-dd1d794e12a9
- Source Listing ID:
- 24144
- Deal Status:
- For Sale
- Last Updated:
- September 24, 2025
- Currency:
- USD