$2,500,000
Mexican Restaurant
- Status: Available
- Price: $249,000
Description
This well-established business has been successfully operating for 16 years, offering a great opportunity for an owner-operator seeking to run a family business in an excellent location. The restaurant is positioned on a high-traffic thoroughfare, surrounded by popular shopping centers, professional office buildings, and upscale residential neighborhoods. Its cozy, welcoming interior, featuring traditional décor, creates a comfortable and inviting space for patrons. There is significant growth potential through targeted marketing efforts and extended hours, especially by opening on Sundays to attract the after-church brunch crowd. The business enjoys a strong, loyal customer base and boasts outstanding online reviews. The lease includes one year remaining, with a 5-year renewal option and 3% annual increases. A Type 41 Beer & Wine License is also included in the sale. Seller retiring – make offer!
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
Year Purchased:
Business Type:
Restaurant
License(s) Required:
Business, Health, ABC
Hours of Operation:
9:30 AM-8:30 PM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4483
Date Available:
10/04/2024
Reason For Sale:
Retirement
Financial Information
- Annual Total:
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
Lease Information
- Base Rent:
- Lease Expires:
- Lease Option:
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms:
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