Tex-Mex Restaurant and Bar for Sale

Not Disclosed, FL
Duval County


Asking Price: Annual Revenue:
$425,000 $765,267

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Tex-Mex Restaurant and Bar for Sale Broker: Austin Luke

Quick Facts

Asking Price: $425,000
Annual Revenue: $765,267
Net Profit: Not Disclosed
Cash Flow: $231,369
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 9
BBN Listing #: 12948096
Broker Reference #: 8901

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Business Overview:

This Popular Tex-Mex Restaurant and Bar for Sale nets $230,000.00 annually to owner/operator on sales over $765,000.00! This market is thriving and the location is not even open on Saturday and Sunday. Outdoor seating enhances the customer experience! This opportunity comes FREE of Franchise fees and will not last long. This Restaurant and Bar for Sale is generating top line sales of more than $750,000.00 annually with a full bar featuring margaritas, sangria, and other cocktails. That alcohol pushes strong earnings to the bottom line with earnings for an owner/operator of $231,369 for 2021. Customers relax in a warm design that features cozy booths, butcher block community tables, white-washed reclaimed wood walls, and a glass garage door opening into the full service bar from the terrace. The plush booths and swanky style of chairs seat up to 172 people. Guests enjoy the quaint, covered porch with low-lit, exposed bulbs hanging from the ceiling. The tasty menu with signature offerings will ensure continued success and the seller will convey all recipes to ensure a successful transition. Unique concept is based on the New York City restaurant scene. The focus at this Restaurant and Bar for Sale is on great food with the freshest ingredients served fast; community tables offer up a shared experiences to enjoy the superior service from this well trained staff. This restaurant began in 2017 and has found the right formula for success including local sourcing where possible and relationships with local suppliers that provide sustainable whole foods. Join the thriving food scene in "The River City," Jacksonville, Florida, which is among the fastest growing cities in the southern United States. Named after President Andrew Jackson, the community sits at the border of Florida and Georgia and boasts growth of nearly 11% between 2010 and 2019. Post pandemic, Jacksonville is proving to be a haven for new residents. The warm weather and relatively low cost of living pull people from all over the country. From new construction homes to lovely waterfront estates, expansion of the local housing market is apparent. This Restaurant and Bar for Sale by We Sell Restaurants is a turn-key opportunity with profit from day one! All equipment in place including complete front of house with 8 outdoor tables, 18 tables, 22 booths, and 8 bar chairs where customers can enjoy their favorite adult beverages. The back of the house is fully equipped with commercial refrigeration and a full cooking line.

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Property Features and Assets:

8 outdoor tables and outdoor 20 chairs 18 tables 22 booths 8 bar chairs 1 extra large bar cooler with 4 taps 2 ice bins at bar 3 stage sink 2 soda guns 1 coca cola machine 26 counter height seating stools 34 chairs 3 clover POS stations and with 6 printers FOH 2 refrigerator coolers with top cooler an 6 heating bay marine 7 prep tables 1 rice cooker and 1 rice warmer 1 digital cooktop 2 hisense freezers 1 walk in cooler 1 walk in freezer 1 bakers pride oven 1 bakers pride charbroiler 1 advantco double fryer 1 cooktop grill 1 blue air low boy 4 compartment refrigerator 1 hoshizaki ice maker 2 advantco prep tables with refrigeration top and bottom 3 stage sink for dish pit 1 leased dishwasher Water softener system

Market Competition and Expansion:

Competition in the area is mostly franchisees No other independent concept that is different from the normal Be different

Reason for Selling:

Other

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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