Mexican Restaurant For Sale-30776

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$150,000 $350,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Mexican Restaurant For Sale-30776 Broker: Joseph DeGaetano
Owner Financing is Available!
$75,000.00 Down & $75,000 at 5% over 36 months.

Quick Facts

Asking Price: $150,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 33314447
Broker Reference #: 30776

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Business Overview:

This business is located in a great area of Nassau County, Long Island. This business is very young, and has potential to increase greatly. Owner is selling only because he has other businesses and cannot take proper care of all of them, the way he would like to. After so many years in the food industry, he now wants to start slowing down. Store is 1,700 square feet, with a great eight-year lease, plus five-year option. Rent is $4,300 a month. This business is grossing $350,000 per year, currently. After all bills are paid, owner's cash flow is $100,000. There are two full-time employees and two part-time employees. This is mainly a take-out business. Owner is asking $150,000, with $75,000 in notes. Don't let this one slip by- call today!

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Reason for Selling:

Seller has too many businesses.

Additional Details:

  • The property is leased.
  • The owner is 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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