Details
El Rio Mexican Restaurant!- Award winning Mexican restaurant with extremely high cash flow available to the discerning buyer. This is an opportunity to walk into a turn key offering with a future franchise potential.
El Rio Mexican Restaurant has been serving the hill country going on TWO DECADES! Rarely does an established business like this make it to the open market. The owners of this business have perfected their product to be efficient and in high demand. Open 6 days/week it is common to have a wait for lunch or see lines outside the door Thursday evening. Coming off 2020 which they experienced challenges beyond their control, demand for their food has absolutely skyrocketed in 2021. Here's an established business continuing the upward trajectory and ready for a new owner to continue that path.
Building: 5,074 square foot space with bar, two party rooms, patio, and full kitchen. Located in the Hill County Square shopping center they are surrounded by fist class businesses such as Specs, Walmart, Planet Fitness, Auto-zone, Jiffy Lube, and much more. Seating capacity up to 250 people inside and 45 outside. Currently leased through May 2022 with renewal options.
Continued Growth: The owner of El Rio have perfected the food service business model. New menu offerings, efficient staff and preparation protocols, efficient bar (could be expanded), and strong community presence have allowed for year over year growth in a very competitive business. This model has the potential be duplicated for a franchise opportunity.
Restaurant: El Rio is a Boerne, TX staple. Over 500 positive Google reviews, over 500 followers on social media proves this business is established. Many locals schedule parties and events at the property due to the welcoming ambiance and enjoyable eating experience. Peoples choice award winner multiple times over. Here's your chance to walk into a turn key high cash flow business!
Area Demographics: 18.8k traffic counts along main street. Double digit growth forecast for the next 5 years in fifteen mile radius. 62% of residents considered high income earners (>$75,000/year).
**BUSINESS ONLY OFFERING**
Contact Marco Ramirez today to learn more about this opportunity! 210.857.9451
Property Features
- Established Restaurant
- High Net Profit
- Strong Following
- Strong Online Presence
- Large Seating Capacity
- Great Location
- Party Rooms
- Room to Expand
- Commercial Property
- Businesses for Sale
- Restaurant & Bar
- Investment & Income