Restaurant (Mexican)

Restaurant (Mexican)

Available

$185,000.00

Listing Number :

 3709

Status :

Expired

Price :

$185000

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Area

2500

Description

Located in a very active area next to a strip mall in downtown with couple of anchor businesses, office buildings and commercial. Very close to  residential communities. It is about 2,500 sq. ft. with 80 seats, ABC type 41. Fully equipped Kitchen, high sales, Long lease. The concept can be converted to different type of food.

Seller Claims: Gross Annual Sales of $720,000 and Net income of $150,000 a year.

3709

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Mexican Restaurant
License(s) Required: Business, Health
Hours of Operation: 9am-9pm/7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3709
Date Available: 6/5/2019
Reason For Sale:
Annual Total Revenue: 720000
Annual Net Income: 150000
Inventory:
Monthly Payroll: 16000/m
Lease Information
Base Rent: 9800/m
Lease Expires: 2022
Lease Option: 1 x 5 years Option
NNN:
 
Financing Information
Down Payment: 185000
Owner Will Carry:
Other Finance Terms:

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