Price reduced to $79,000 for this well appointed 2400 sq ft Mexican restaurant located in a busy, upscale shopping mall center boasting $440,000 in annual sales, a Type 41 ABC beer and wine license, ample parking and plenty of scope to increase business. This busy corner shopping mall has many well known brand name stores and a large Grocer anchor store with ample parking for all. This restaurant business has a modern, appealing look which the present owners have built up into a profitable business through all the little touches that show the care and attention. The menu is authentic Mexican food which has it's many local followers in the surrounding residential area. The kitchen includes: 12ft Type 1 hood with fire suppressant system, 48" flat grill, 36" 6-burner stove, 18" stock pot range, double gas deep fryer, 4-pan steam table, cold salad refrigerator, 3 comp sink, single reach in freezer, a 3 door & a 2 door refrigerator, 600lb ice machine and 3 s/s prep table. In the dining room: authentic Mexican decorations with 20 tables and 49 chairs. This would suit a family working in all areas of kitchen & service. The asking price is now only $79,000 and is extremely competitive therefore serious buyers need to view this restaurant soon. Please complete the 'Confidential Information' request at the top of this page and we will send you the name and address of this business plus the financials & the lease. We will also send you the broker contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2006
  • Current Owner2012
  • Employees9
  • Reason For SaleOther Interests

Facilities

  • Seating49
  • Square Feet2400
  • Parking100+
  • LicensesContact For Info
  • Open Hours11am - 9pm Daily

Lease

  • Rent$7,000 inclusive of NNN
  • Expiration2017
  • Yearly IncreaseContact For Info
  • Option5 yr option
  • DepositContact For Info

Financials

  • Monthly Revenue$40,000
  • Monthly Cash Flow$3,500
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$$11,000

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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