Mexican Restaurant For Sale - Keep Or Convert

Asking Price$169,200

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$580,973

InventoryNot Disclosed

FF&E$94,792
Included in asking price
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Mexican Restaurant For Sale - Keep Or Convert


Asking Price$169,200

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$580,973

InventoryNot Disclosed

FF&E$94,792
Included in asking price
Business Description
Turn-key, established Mexican restaurant for sale - keep or convert. Full kitchen and fully functioning bar!

This 2624 square foot space is located on a busy, street-facing highway, this restaurant comes with everything you need to run a successful operation with no build-out costs! Purchase price includes all kitchen equipment (owned outright, not leased), all FF&E (tables chairs, barstools, newly reupholstered, vinyl-covered booths, all service ware, all barware). Alcohol and food inventory are available for purchase for additional cost, as well as name brand (comes with a brand new $8000 sign and website with all client order data) and has a 4.7 rating on Yelp with a loyal customer base that frequents 1-3x/week. Restaurant comes with not one, but TWO grease traps: 1 in-ground 75 Gal and 1 above-ground 25 Gal - third party company does weekly cleans and also pays for the recyclable oil!

Kitchen Inventory and FF&E valued at $94,792.80

2023 Gross Sales: $639,957

Food and Alcohol inventory will be taken 24 hours prior to closing date.

All inventory lists are available

**This is an open & operating business. Please be respectful and do not disrupt business operations or converse with employees.

All further information requires an NDA and Proof of Funds.
About the Business
Years in Operation
9
Employees
1
Facilities & Assets
2624 SF Restaurant space with a lease rate of $3500 all in monthly rent and NO CAM FEES!
All kitchen equipment and serve ware included in purchase price and is own outright with no leases.
All newly reupholstered booths, tables, chairs, and bar chairs included.
All barware and glassware included in sale as well as bar tools and a 3-beverage frozen drink machine included in sale.
Full use of parking lot in front of the building - no cap on parking spaces to use!
Landlord willing to sign new lease once the existing one expires.
Market Outlook / Competition
Price, street-facing location with website that allows for use of delivery services such as DoorDash, UberEats, and more with less costs to owner then directly using delivery services. Daily traffic count 7480. Nearby businesses include a Honduran restaurant and a QT gas station.
Opportunities for Growth
Growth possibilities for the new owner can be adding catering options with more advance marketing tactics.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,680
Rent
$3,500.00 per month
Lease Expiration
1/31/2026
About the Sale
Seller Motivation
Owner Retiring
Listing Info
ID
2248742
Listing Views
1187

Contact Seller

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Business Listed by: Tiffany Baker Metrobrokers Inc.

Listing ID: 2248742 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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