Hot Listing

Established Mexican Takeout Restaurant

Asking Price: $60,000

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Hot Listing

Established Mexican Takeout Restaurant


Asking Price: $60,000

Asset Sale Description
Incredible Opportunity: Stunning Takeout Ready for Any Cuisine
Established Mexican Takeout Restaurant - Turnkey Operation in Prime Location

This well-established restaurant has been serving the Wood-Ridge community since 1980 and underwent complete renovation in 2025 when converted from Chinese to Mexican cuisine. Located in the heart of downtown Wood-Ridge with excellent visibility and foot traffic, the business generates $365,000 in annual revenue with $90,000 in cash flow.

Business Highlights:
- 44-year operating history with established customer base
- Fully renovated facility with modern equipment and infrastructure
- Prime downtown location with high visibility and foot traffic
- Flexible space adaptable to multiple cuisine types
- Strong financial performance with consistent revenue stream
- Absentee owner operation demonstrating systems efficiency

Facility Features:
The 1,000+ square foot restaurant includes seating for 12 customers plus robust takeout operations. Fully equipped commercial kitchen features flat grill, regular grill, range, deep fryer, toaster, roast oven, stand steamer, slicer, electric steam prep table with freezer, cutting table, salad freezer, coffee station, ice machine, and cooktop. Recent renovations include new office, bathroom, and compressor.

Location Advantages:
Situated in bustling downtown Wood-Ridge surrounded by complementary businesses including liquor store, Domino's Pizza, bagel shop, century-old bakery, cleaner, CVS Pharmacy, and gas station. The location benefits from consistent local and foot traffic with convenient street parking.

Growth Opportunities:
The versatile space can accommodate various cuisine concepts including Italian, Indian, Chinese, Mediterranean, or American food. Expansion potential exists through delivery services, catering, online ordering, menu diversification, and additional food services.

Financial Details:
Asking price: $60,000
Annual revenue: $365,000
Cash flow: $90,000
Monthly rent: $4,500
Lease expires: December 31, 2030

The current owner will provide transition assistance to ensure smooth operations transfer. This turnkey opportunity offers immediate income potential in a proven location with multiple growth avenues.
Detailed Information
Years in Operation
46
Facilities & Assets
Turnkey Restaurant for Lease — Established restaurant since 1980 and fully renovated in 2025. Over 1,000 sq. ft. on the main drag with street parking, excellent condition, strong takeout business, and seating for 12. Fully equipped with a flat grill, regular grill, range, deep fryer, toaster, roast oven, stand steamer, slicer, new office, new bathroom, new compressor, electric steam prep table with freezer, cutting table, salad freezer, coffee station, ice machine, and cooktop. $4,500/month, lease terms negotiable. Ready to go and a great opportunity to take over a long-established restaurant.
About the Sale
Transition Support
Assistance will be provided to help ensure a smooth transition and start for the new owner. Soham Patel.( Landlord )
Seller Motivation
Owner is balancing other businesses and is ready to pass the restaurant on.
Financing
Soham Patel ( Landlord )
Listing Info
ID
2543068
Listing Views
151
Business Location

Listing ID: 2543068 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.