High Volume Mexican Restaurant & Bar for Sale! Like-New Construction
Business Description
High Volume Mexican Restaurant & Bar for Sale! Like-New Construction & Design. %-Rent Based Lease
RRC# 5091
Location: Alameda County
Description:
This new and high volume Mexican concept with a strong bar aspect is for sale. The current owner has decided to focus on other ventures and is selling this newly built and designed restaurant for a bargain price given the initial investment into the space was over $1.3 MILLION dollars.
All design elements, fixtures, equipment and infrastructure is newly built in this stunning first generation space. The improvements included all new Electrical, Plumbing, HVAC, Type 1 Kitchen Hoods, Lighting, Storage Areas, ADA Compliant Design, a Long Haul Beer Draft System with a great Bar top and bar area with Type 47 Liquor License that will transfer to a new owner and so much more! A full equipment list can be transferred upon request.
In addition to the great dining areas and bar scene, there are vibrant patio tables and chairs with heaters in front of the business, which draws attention and diners wanting to enjoy outdoor dining.
The 3128sf space did over $1.7 Million in 2023 and is target to break $2million in sales in 2024. The space is great for groups or events and thrives on sporting events with its many screens and bar vibe. They sold nearly $25K on Cinco Mayo alone!
The current owners have negotiated a great new lease that is based on 5% of monthly sales, plus reasonable triple net charges of $2922/month. The term runs into 2031 with an option to extend.
A new owner operator could thrive with this new design, strong volume and customer base!
Reach out now for more information or to schedule a tour.
Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: $150k-$200k
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,000,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2022
Employees: 15+/-
Reason For Sale: Other Interests
Monthly Rent: 5% of Sales + $2922 NNNs
Expiration: 6/15/2031 plus 2 -5yr Options
Facilities:
Square Feet: 3,128
Seating: 49 Dining Room Seats, 10 Bar Chairs, 20+ on Sidewalk-Patio
Parking: Easy Street Parking
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Contact for Info
RRC# 5091
Location: Alameda County
Description:
This new and high volume Mexican concept with a strong bar aspect is for sale. The current owner has decided to focus on other ventures and is selling this newly built and designed restaurant for a bargain price given the initial investment into the space was over $1.3 MILLION dollars.
All design elements, fixtures, equipment and infrastructure is newly built in this stunning first generation space. The improvements included all new Electrical, Plumbing, HVAC, Type 1 Kitchen Hoods, Lighting, Storage Areas, ADA Compliant Design, a Long Haul Beer Draft System with a great Bar top and bar area with Type 47 Liquor License that will transfer to a new owner and so much more! A full equipment list can be transferred upon request.
In addition to the great dining areas and bar scene, there are vibrant patio tables and chairs with heaters in front of the business, which draws attention and diners wanting to enjoy outdoor dining.
The 3128sf space did over $1.7 Million in 2023 and is target to break $2million in sales in 2024. The space is great for groups or events and thrives on sporting events with its many screens and bar vibe. They sold nearly $25K on Cinco Mayo alone!
The current owners have negotiated a great new lease that is based on 5% of monthly sales, plus reasonable triple net charges of $2922/month. The term runs into 2031 with an option to extend.
A new owner operator could thrive with this new design, strong volume and customer base!
Reach out now for more information or to schedule a tour.
Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: $150k-$200k
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,000,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2022
Employees: 15+/-
Reason For Sale: Other Interests
Monthly Rent: 5% of Sales + $2922 NNNs
Expiration: 6/15/2031 plus 2 -5yr Options
Facilities:
Square Feet: 3,128
Seating: 49 Dining Room Seats, 10 Bar Chairs, 20+ on Sidewalk-Patio
Parking: Easy Street Parking
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Contact for Info
About the Business
- Years in Operation
- 3
- Employees
- 15
- Facilities & Assets
- Monthly Rent: 5% of Sales + $2922 NNNs
Expiration: 6/15/2031 plus 2 -5yr Options
Square Feet: 3,128
Seating: 49 Dining Room Seats, 10 Bar Chairs, 20+ on Sidewalk-Patio
Parking: Easy Street Parking - Website
- https://www.restaurantrealty.com/listings/5091/
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,128
- Lease Expiration
- 6/15/2031
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2254296
- Listing Views
- 636
Listing ID: 2254296 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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