Cash Cow Absentee Owner Mexican/Hibachi/Fusion Restaurant, San Angelo

This is a unique modern Fast Casual Mexican / Japanese Hibachi Fusion Restaurant established in 2017 in San Angelo, Texas about a couple of hour driving from Midland or Odessa, Texas. The restaurant has been successful since its inception in 2017, enjoying year-on-year growth. The restaurant is located in a 2400 SF of a freestanding building offering dine-in, drive through, and delivery services. Annual sales for the last three years is about $1.6 million with a heathy EBITDA in excess of $300K annually. This is an absentee owner business run by an excellent team of 21 employees allowing the owner to spend only about 4 hours a week to oversee the business. The restaurant was voted city favorite restaurant multiple times. This business is SBA preapproved. As such and with rough calculations, the right buyer with an investment of about $250K may recoup their investment in about 20 months. Serious investors, don't let this opportunity pass you.