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Business for Sale Summary

Mexican Restaurant in Kings County, NY - 26218

Business Type: delicatessen/catering services,fast food franchise,other eating & drinking places,other food stores,restaurant/ cafes
Mexican Restaurant in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $79,000 Down Payment $79,000
Gross Revenues $529,250 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View



Business Description

RESTAURANT OPPORTUNITY SALE. HIGH FOOT TRAFFIC. Just feet from the subway. Very close to Greenpoint. The owner is looking to take his concept and move elsewhere. He is selling the space with all furniture, fixtures and equipment, and the lease. ALMOST ANY FOOD CONCEPT CAN GO HERE! Sushi, burgers, Mexican, noodles & dumplings, Halal food, deli or fast food concept. It has a great location. It is 1950 sq. ft. (with 750 sq. ft., inside and a 1,200 sq. ft. patio). No basement. The landlord will offer a 10-year lease (5 5) at a market rent of $4,500/month (very fair for this area). The place is fully equipped with a full kitchen, including freezers, hood and grill, range/oven and much more. IT WOULD COST OVER $150K TO BUILD OUT A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $79K in liquid funds to cover the asking price and inventory. To learn more, please call or email Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.