Mexican Restaurant-->Seller Finance Available
Business Description
For Sale: Established Restaurant with 35 Years of Tradition
This restaurant, located in a 1,000 square foot space, has been operating in the same location for 35 years, building a strong reputation and a loyal customer base. The full-time owner runs the business with the help of 2 full-time employees and 1 part-time employee, ensuring stable and reliable income.
Currently, the restaurant generates a monthly gross sales of $62,000 to $68,000 with a net income of $17,000 to $22,000. Before COVID, the business was making over $70,000 in monthly sales, indicating significant potential for future growth.
The rent is $3,480 with an additional CAM charge of $420, and the rent is fixed. A new lease will be required, with 3 years remaining on the current lease. The security deposit is two months' rent.
While the restaurant does not have an alcohol license, it remains a highly profitable and attractive business opportunity. Priced at $300,000, this is your chance to own a restaurant with a long-standing tradition and steady income.
Don't miss the opportunity to check out this promising business with great potential for higher profits!
This restaurant, located in a 1,000 square foot space, has been operating in the same location for 35 years, building a strong reputation and a loyal customer base. The full-time owner runs the business with the help of 2 full-time employees and 1 part-time employee, ensuring stable and reliable income.
Currently, the restaurant generates a monthly gross sales of $62,000 to $68,000 with a net income of $17,000 to $22,000. Before COVID, the business was making over $70,000 in monthly sales, indicating significant potential for future growth.
The rent is $3,480 with an additional CAM charge of $420, and the rent is fixed. A new lease will be required, with 3 years remaining on the current lease. The security deposit is two months' rent.
While the restaurant does not have an alcohol license, it remains a highly profitable and attractive business opportunity. Priced at $300,000, this is your chance to own a restaurant with a long-standing tradition and steady income.
Don't miss the opportunity to check out this promising business with great potential for higher profits!
About the Business
- Employees
- 3
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Take break
Listing Info
- ID
- 2197730
- Listing Views
- 2246
Listing ID: 2197730 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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