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Business for Sale

Mexican Restaurant in Nassau County NY
Nassau County, NY

Listing #30716

   
Financial Information (non-confidential)
Asking Price $700,000.00 Gross Revenues $2,300,000.00
Down Payment $700,000.00 Owner’s Cash Flow $250,000.00

Financing: $700,000.00 Down and To be determined

Reason for Selling:Retiring

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
Jim Aloi
Senior Business Broker
631-375-4100
jaloi@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Jim Aloi

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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