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Business for Sale Summary

Mexican Restaurant in Nassau County NY - 30716

Business Type: bar/tavern/night clubs,best deals!,business with property available,new to market,seller financing available,restaurant/ cafes
Mexican Restaurant in Nassau County NY
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Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $700,000
Gross Revenues $2,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$700,000 Down and To be determined

Business Description

Established 7,000 sq. ft Mexican restaurant of 30 years. The restaurant seats 200 customers, and is located in a free-standing building, in a busy location. The restaurant is currently is open for short hours, mostly for dinner, and closed between 9:00 pm and 10:00 pm. However, the restaurant is open for lunch and dinner on the weekends. There is a lot of room for growth that the new owner could utilize by adding tap beers and promoting night events. There is a ton of parking for many customers to visit the location. There is also a full staff in place. A motivated buyer can easily increase sales drastically. Seller prefers to sell the real estate and business together as he is planning on retiring soon. The restaurant has a full sit-down bar with several walk-in boxes. The kitchen has a huge prep area, as well as an office, liquor room and three dining areas. Please contact the broker Jim Aloi. The real estate is an additional $1,800,000 and is available through PMTG Reality with a total asking of $2,500,000. This is a great place to add a second concept, and is in a fantastic location. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.