Mexican Restaurant and Bar (#22672)

mexican Restaurant and Bar In Excellent Village in Nassau County

Business Overview
This popular Mexican restaurant and bar is located in one of the most sought-after towns in Nassau County, Long Island, New York. As a full-service, casual Mexican kitchen, it offers high-quality Mexican cuisine complemented by a vibrant bar scene and a popular happy hour. The establishment occupies 2,000 square feet, featuring 60 dining seats and a 14-seat bar area.

Key Features of the Business
Prime Location: Situated in a desirable area with high foot traffic.

Established Reputation: Well-known for excellent food and service.

Ample Seating: Accommodates a significant number of guests both in the dining area and at the bar.

Long Lease Term: 13 years remaining on the lease at an affordable rent of $6,500 per month.

Operational Efficiency: Currently operates only during dinner hours, indicating potential for growth.

Business Benefits

Absentee Ownership: The restaurant is successfully run without the owner’s daily presence.

Growth Potential: Opportunity to increase revenue by expanding operating hours to include lunch and brunch services.

Diverse Revenue Streams: Income from indoor dining, outdoor dining, take-out, curbside pickup, delivery, private events, and catering.

Dining Options

Indoor Dining: Comfortable and spacious indoor seating for a pleasant dining experience.

Outdoor Dining: Outdoor seating available, catering to guests who prefer an open-air environment.

Take-Out & Delivery: Convenient options for customers to enjoy meals at home, including curbside pickup and delivery services.

Reason for Sale
The owner is involved in several other businesses and is looking to slowly retire. This presents a unique opportunity for a new proprietor to take over a well-established and profitable restaurant.

Private Events & Catering
The restaurant is equipped to host private events and offers catering services, adding significant value and attracting a broader customer base.

Opportunity for Growth
The business currently operates only during dinner hours. Expanding to include lunch and weekend brunch could substantially increase revenue. Additionally, increased marketing of private events and catering services could further enhance profitability.

Next Steps
The seller is motivated for a quick deal. This is an excellent opportunity for an entrepreneur to acquire a thriving restaurant with a strong customer base and significant growth potential.