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Business For Sale
MEXICAN GRILL & CANTINA
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Asking Price: |
$495000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests |
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Year Established:
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2006 |
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# of Employees:
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15 Full Time / 25 Part Time |
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Yearly Net Profit:
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$248,206 |
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Yearly Gross Income:
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$3,328,499 |
Business for Sale Overview:
Outstanding high-volume Mexican Grill & Cantina in a AAA Northwest Valley location. This facility has a huge island bar, open dining room with multi-level seating, efficiently designed high-capacity kitchen and fabulous patio with great exposure to all of the local traffic. This business is large in scope but is absolutely a winner location and facilities for an experienced restaurant and bar operator with strong financial qualifications. Priced well below cost to create at only $795,000, just reduced to $695,000. Reduced again to $550,000. Seller very motivated and reduced the price again to $495,000!!
Property Features and Assets:
7,611 Square Feet, 225 indoor/100 patio seating, rent: $21,672.82, expires 12/31/12. 5-five year options
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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