Mexican Restaurant & Bar

Asking Price$749,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$568,046

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Mexican Restaurant & Bar


Asking Price$749,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$568,046

Inventory$10,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own an established, beautiful, Mexican Grill & Cantina in Ogemaw County! This Restaurant Grill & Bar is located on a highly traveled road surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled and shows beautifully! All kitchen equipment is in excellent condition and serviced/maintained regularly. Menu consists of Ensaladas, Quesadillas, Tacos, Burritos, Enchiladas, Salsas, Pico De Gallo, Guacamole and so much more. Great selection of crafted drinks, Margaritas, Mojitos or Cervezas that perfectly complement the flavorful Mexican fare and embraces the spirit of Mexico. Current owner does not advertise… a new owner/operator with some creative advertising/marketing along with extending the hours of operations, opening on Mondays, adding catering and deliveries, live music/bands on weekends, drink/happy hour specials, dinner/lunch specials, and playing all big sports games, you have HUGE potential to the already solid gross sales. A must see/must have business that will not disappoint! Can be easily converted to any food concept. Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers and train new owner! Call Armen Nazarian Business Brokers
*Price includes both Business & Property
About the Business
Years in Operation
21
Number of Employees
7
Facilities & Assets
Recently remodeled and shows beautifully! All kitchen equipment is in excellent condition and serviced/maintained regularly. Menu consists of Ensaladas, Quesadillas, Tacos, Burritos, Enchiladas, Salsas, Pico De Gallo, Guacamole and so much more. Great selection of crafted drinks, Margaritas, Mojitos or Cervezas that perfectly complement the flavorful Mexican fare and embraces the spirit of Mexico.
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does not advertise… a new owner/operator with some creative advertising/marketing along with extending the hours of operations, opening on Mondays, adding catering and deliveries, live music/bands on weekends, drink/happy hour specials, dinner/lunch specials, and playing all big sports games, you have HUGE potential to the already solid gross sales.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
7,038
About the Sale
Transition Support
Seller will Train
Financing Options
$749,000 with $225,000 down. 8% int., amortized over 240 months, balloon due in 120 m
Listing Info
ID
2297019
Listing Views
263

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2297019 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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