Mexican Restaurant -- Established Business For Sale in Ithaca, NY
Business Description
Includes All Operating Procedures, Equipment, Inventory & Recipes
Please reach out to us with any questions or inquiries. We are happy to take a phone call and answer any questions you may have!.....
Bickering Twins is a restaurant with a style of Mexican food that is not available elsewhere within our local area (lengua tacos, lamb barbacoa, beef picadillo empanadas etc.) as well as simple but refreshing cocktails like House Margaritas with fresh squeezed lime juice, (as well as tamarind, jalapeno and mango margaritas), and mojitos, palomas, micheladas and more. We also have curated tequila and mezcal flights that are served with thoughtfully written tasting cards and a selection of roughly 90 different tequilas and mezcals .
We are offering a well-functioning, profitable restaurant, that includes our name and logo, the recipe booklets for food and cocktails, our employee handbook, our website domain name, uniforms, well maintained (and many new) pieces of equipment, a newly renovated bar (renovated in April 2023), our Toast POS system, as well as a complete guide of our standard operating procedures which includes the following: a description of our hiring and scheduling strategies, employee management systems, current relationships with food and liquor distributors, current contracts and/or relationships with companies (for equipment maintenance, pest control, linens etc.,) guidance on how to execute our menu, and a host of training manuals/checklists.
Bickering Twins was established in 2016 as a pop-up restaurant/catering business by Corey (me) and my identical twin brother Kevin. Although we (as the owners) are present often and execute many general management duties such as hiring, firing, scheduling, and food ordering, the restaurant largely operates efficiently without us. This is because over the last 5 years we have put everything in writing, and have created operational systems for everything we can think of. The FOH staff follows opening and closing checklists, the right tools and supplies are in all the right places, and we have a very thorough binder full of our original recipes.
We have spent the last 9 years developing a loyal base of regular customers as well as creating a solid footing among the college population who tend to enjoy our place very much and pass on the positive feedback to siblings, friends, and acquaintances who come to the area to attend Cornell University or Ithaca College.
Our current lease term ends Dec 31 2027 but after that initial term, we have negotiated 3 five-year options, with the last option ending on Dec 31 2042. Our lease is transferable and binding to whomever purchases the restaurant.
Bickering Twins is a restaurant with a style of Mexican food that is not available elsewhere within our local area (lengua tacos, lamb barbacoa, beef picadillo empanadas etc.) as well as simple but refreshing cocktails like House Margaritas with fresh squeezed lime juice, (as well as tamarind, jalapeno and mango margaritas), and mojitos, palomas, micheladas and more. We also have curated tequila and mezcal flights that are served with thoughtfully written tasting cards and a selection of roughly 90 different tequilas and mezcals .
We are offering a well-functioning, profitable restaurant, that includes our name and logo, the recipe booklets for food and cocktails, our employee handbook, our website domain name, uniforms, well maintained (and many new) pieces of equipment, a newly renovated bar (renovated in April 2023), our Toast POS system, as well as a complete guide of our standard operating procedures which includes the following: a description of our hiring and scheduling strategies, employee management systems, current relationships with food and liquor distributors, current contracts and/or relationships with companies (for equipment maintenance, pest control, linens etc.,) guidance on how to execute our menu, and a host of training manuals/checklists.
Bickering Twins was established in 2016 as a pop-up restaurant/catering business by Corey (me) and my identical twin brother Kevin. Although we (as the owners) are present often and execute many general management duties such as hiring, firing, scheduling, and food ordering, the restaurant largely operates efficiently without us. This is because over the last 5 years we have put everything in writing, and have created operational systems for everything we can think of. The FOH staff follows opening and closing checklists, the right tools and supplies are in all the right places, and we have a very thorough binder full of our original recipes.
We have spent the last 9 years developing a loyal base of regular customers as well as creating a solid footing among the college population who tend to enjoy our place very much and pass on the positive feedback to siblings, friends, and acquaintances who come to the area to attend Cornell University or Ithaca College.
Our current lease term ends Dec 31 2027 but after that initial term, we have negotiated 3 five-year options, with the last option ending on Dec 31 2042. Our lease is transferable and binding to whomever purchases the restaurant.
About the Business
- Years in Operation
- 7
- Employees
- 20
- Facilities & Assets
- We have continuously upgraded the facility and equipment for the last 7 years. The tables and chairs were fully replaced in March of 2022 with solid walnut table tops and steel-framed chairs that will last far into the future. The equipment behind the bar (including the bar itself) is roughly 2 years old. This includes the beverage cooler, glass washer, sinks, ice wells, and all the stainless steel tables, drying racks, and liquor displays as well as new plumbing behind the bar. The walk-in compressor was replaced in 2023 .
- Website
- https://www.bickeringtwins.com/
- Market Outlook / Competition
- Our cuisine and spirits offerings are unique for the area. In Ithaca, there are other Tex-Mex restaurants and franchises as well as those specializing in casual Mexican-American cuisine. Bickering Twins offers a more unique and upscale presentation of Mexican cuisine typically reserved for larger cities. We specialize in tequila and mezcal and offer unique spirits that cannot be found anywhere else in the local area. We have a prime location, right off The Ithaca Commons with unique qualities. The rent is much more affordable than Restaurant Row.
- Opportunities for Growth
- There are several areas where there can be expansion. The primary opportunity is in catering where there are large opportunities for growth. There is a big market for catering due to the proximity of two colleges, Cornell University in particular.
Another potential area for growth is to offer delivery, which is something we currently do not do.
Our happy hour (which runs every day) and brunch offerings (Saturday and Sunday only) are both less than 1 year old and have a lot of growth potential with continued marketing and proper execution.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,300
- Rent
- $4,350.00 per month
- Lease Expiration
- 7/31/2027
About the Sale
- Seller Motivation
- The income generated by this business is more suitable for one owner or family.
- Transition Support
- We will provide thorough training for 2 months, with the ability to be reached by phone and to provide guidance for up to 4 months. We are open to making this period longer if needed. Bickering Twins has been the focus of our lives for nearly 10 years and we would hope to see it thrive far into the future. So we want to support the next owners as much as possible.
Listing Info
- ID
- 2341853
- Listing Views
- 2664
Business Location
Listing ID: 2341853 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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