Mexican Restaurant & Bar

Not Disclosed, MI Oakland County

Asking Price: $399,000

Annual Revenue: $1,081,520

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant & Bar
Contact: Armen Nazarian

Owner Financing is Available!

$399,000 with $200,000 down, 8% interest, amortized over 84 months.

Quick Facts

	Asking Price:	$399,000
	Annual Revenue:	$1,081,520
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	2018
	Employees:	11
	BBN Listing #:	14752001
	Broker Reference #:	0558

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Business Overview:

This is a great opportunity to own an established, beautiful, Mexican Restaurant & Bar in Oakland County! This Restaurant & Bar is located on a highly traveled road surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled, all kitchen equipment is in excellent condition and serviced regularly. Bar area shows beautifully with an area for live entertainment, 36 TVs, 2 big Projectors, and outdoor patio! Owner does not advertise… a new owner/operator with some creative advertising/marketing along with opening Monday, extending the hours of operations, 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 another food concept. Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers and train new owner! Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
*Name must change 30 days after closing.

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Property Features and Assets:

Market Competition and Expansion:

Owner does not advertise… a new owner/operator with some creative advertising/marketing along with opening Monday, extending the hours of operations, 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.

Reason for Selling:

Owns other Restaurants.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

Relevant Links:

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