Long established Mexican restaurant with excellent food, bar and license for live entertainment and karaoke. Features two bar areas, main dining room with fireplace, additional private dining room with 20 seats and separate enclosed patio. Seats up to 115. Open for lunch and dinner 7 days a week as well as banquets. Equipment includes: 20 ft. hood, 3 ft. grill, 10 burner stove top, fryer, 2, 6 ft. salad prep stations, 4 ft. prep station, fryer, 6 ft. freezer, single door freezer, 3 door refrigerator, ice maker, walk-in refrigerator, 6 microwaves, soda fountains, ice cream refrigerator, 9 flat screen TV's. Seller is the landlord. Length of lease is negotiable.

General Info

  • OrganizationLLC
  • Established1983
  • Current Owner2007
  • Employees6 part time 4 full time
  • Reason For SaleOther Interests

Facilities

  • Seating115
  • Square Feet3995
  • ParkingParking lot attached
  • LicensesContact For Info
  • Open Hours7 days a week Mon-Sat 10-8:30, Sun 12-9pm

Lease

  • Rent5650 all included
  • Expiration 202
  • Yearly Increase2 to 3%
  • Option2- 5 year
  • Deposit$5,000

Financials

  • Monthly Revenue$25,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$300,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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