Palm Beach Mexican Restaurant Nets $58k For Absentee Owner!

Business Overview:

Mexican Restaurant for Sale in West Palm Beach, Florida is ready for a new owner. Great location and lease in place. This is a great opportunity for an owner/operator.
The Mexican Restaurant for Sale has been established since 2015. The owner has three additional restaurants and is looking to slow down. In 2024 the restaurant had sales, on the tax return, of $439,277 and a net to the owner of $58,038. Seller will allow you to keep the current concept. This means that menus, and recipes will transfer. If desired, you can convert to your own concept. Almost any concept can work with the equipment package and layout. The seller is absentee and only handles administrative functions of the restaurant. A family member is the day-to-day operator and will need to be replaced.
The restaurant features a fourteen-foot exhaust hood. Under the hood sits a flat top grill, fryer, four-eye burner with oven, and two candy stock pot burners. All equipment is in excellent shape. There is room to add additional equipment under hood. The restaurant features commercial refrigeration throughout. Perfect for this location is to keep Mexican or convert to Latin, breakfast lunch, or Burger and Chicken.
This Mexican Restaurant for Sale opportunity presented by We Sell Restaurants is located on a busy section of roadway that sees more than 45,000 vehicles pass by daily. The densely populated commercial area is great for delivery to businesses for breakfast and lunch. There are more than 160,000 residents with an average income of $60,000 annually living in the three-mile radius of restaurant. The daytime population is more than 157,000. All licenses will transfer and this includes the 2COP beer and wine license.
The Mexican Restaurant for Sale occupies approximately 2,000 square feet of space and seats 30 guests. The atmosphere is very comfortable atmosphere. The monthly rent of $4,400 includes all CAMS, taxes, water, and trash removal. The lease expires on February 28, 2027.
The current concept and menu is Mexican. Features include Tacos, Burritos, Enchiladas, Tortas, Sopes and more. The 2COP license allows you to offer beer and wine to your guests. The Mexican Restaurant for Sale opens at 9 am daily and closes at 10 pm. You can choose your own hours. The menu and recipes will transfer with sale.
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Property Features and Assets:

13 Tables
28 Chairs
2 Televisions
1 High chair
Three glass door beverage cooler
Heated display case
POS System
Prep Table 4
2 Freezer Chest
2 Candy stock pot burner
4 Hotel Pan Steam Table
Flat top
4 eye burner
Fryer
Two door sandwich cooler
Three compartment sink
Blender
2 Two door stand up cooler
Assorted Pots Pans Utensils

Market Competition and Expansion:

Very commercial area will drive customers to the location, More than 45,000 vehicles pass by daily

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

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