Mexican Restaurant in Nassau County NY - 30716

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$700,000 $2,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mexican Restaurant in Nassau County NY - 30716 Broker: Jim Aloi
Owner Financing is Available!
$700,000.00 Down & To be determined.

Quick Facts

Asking Price: $700,000
Annual Revenue: $2,300,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 40
BBN Listing #: 77544447
Broker Reference #: 30716

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Business Overview:

Established 7,000 square feet Mexican restaurant of 30 years. The restaurant seats 200 customers, and is located in a free-standing building, in a busy location. The restaurant is currently is open for short hours, mostly for dinner, and closed between 9:00 pm and 10:00 pm. However, the restaurant is open for lunch and dinner on the weekends. There is a lot of room for growth that the new owner could utilize by adding tap beers and promoting night events. There is a ton of parking for many customers to visit the location. There is also a full staff in place. A motivated buyer can easily increase sales drastically. Seller prefers to sell the real estate and business together as he is planning on retiring soon. The restaurant has a full sit-down bar with several walk-in boxes. The kitchen has a huge prep area, as well as an office, liquor room and three dining areas. Please contact the broker Jim Aloi. The real estate is an additional $1,800,000 and is available through PMTG Reality with a total asking of $2,500,000. This is a great place to add a second concept, and is in a fantastic location. Please contact the broker for more information.

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Reason for Selling:

Retiring

Additional Details:

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

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