We are seeking funding in the amount of $800,000 to purchase the real estate of an existing restaurant, located less than 10 minutes away from our current restaurant. Our goal is to open a Mexican restaurant in this new location, leveraging the success and proven business model of our existing restaurant.
While the existing restaurant is a Cuban establishment, we are drawn to this opportunity primarily for the potential of the real estate. The location offers over 100+ parking spots in the bustling shopping plaza, conveniently situated next to a popular WaWa gas station. This prime positioning and ample parking will significantly enhance the accessibility and convenience for our customers.
Our existing restaurant has demonstrated exceptional financial performance, generating an impressive monthly revenue of $150,000, despite its limited parking capacity of only 24 spots and 180 seats. With the new location's superior parking infrastructure and a similar seating capacity, we anticipate even greater success and customer satisfaction.
Having recently overcome the challenges posed by the COVID pandemic being opened since 2015, we are now ready to expand our business and seize this growth opportunity. By replicating our proven Mexican restaurant concept in this new location, we aim to tap into a wider customer base and capitalize on the favorable market demand for authentic Mexican cuisine.
With your investment, we will be able to secure the real estate and initiate the necessary renovations and branding efforts to create an inviting and vibrant Mexican restaurant. Our experienced management team and dedicated staff are poised to replicate the success of our existing location and establish a strong presence in this new market.
We are confident that this strategic expansion will not only drive substantial financial returns but also contribute positively to the local community, offering employment opportunities and an enjoyable dining experience for residents and visitors alike.
Thank you for considering our business plan. We are excited about the potential of this venture and look forward to discussing the details further.
Ready to Ask For Funding for your company?
Post a Funding Request