Business for Sale Overview:
This established Mexican restaurant is now on the market. The owner is moving after many years of success. It is nicely decorated, has plenty of seating (207) and the parking lot is huge (26,840 sq ft). Keep it as popular Mexican cuisine or change it to your favorite food. You won't have to negotiate a lease because the sale includes this prime commercial real estate. This SE Portland suburb has been designated as a revitalization project for beautification. Located on a major street, there is great visibility for this restaurant with easy parking. Currently there are eight full time employees serving lunch and dinner, 7 days a week. Asking Price: $1,450,000. plus inventory. Call George at 503-317-0180
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
A large lot of 26,840 square feet that has plenty of parking. Building is 4,928 square feet restaurant that seats 207 patrons. The building, equipment and furniture are all in excellent condition. Restaurant consists of a large kitchen, very large dining room and large lounge. Full liquor license and Oregon lottery is available.
Market Competition and Expansion:
The owner is tired from running this business for 24 years. It needs a new, younger owner. The food should be changed, to bring new life to the restaurant. It does not have to be Mexican.
Reason for Selling:
Moving to Texas
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.