Mexican Restaurant in Neighborhood Center-Can Convert

This great Mexican restaurant is located in a nice, locally owned commercial center with ample parking. The restaurant offers a nice-sized dining area, compact kitchen, and several tables for outside seating. The commercial center sits on a busy thoroughfare, with many service businesses in the neighborhood with employees looking for a bite to eat. Current operator has enjoyed a nice income from this business over the past few years. These premises is perfect for an experienced restaurateur or a first-time owner-operator; Buyer can keep the same concept or bring their own concept, chef & menu to operate.

ADDITIONAL DETAILS:

- The shop is 1,200 square feet (approx.) with seating for 33 inside and seating for 4 outside the shop

-Current rent is $3,200 plus $790 CAM (approx.) with the current term ending April 2027. Qualified buyer to work with landlord on lease terms.

- Equipment includes: 9’-0 (approx) Type-1 hood exhaust hood, 1 deep fryer, a flat grill, 6-burner stove with oven, broiler, a single door reach-in freezer, double door reach-in refrigerator, ice machine, 3-compartment sink, 2-compartment sink, mop sink, prep sink, hand sinks and more.

- Founded in 2017, the shop operates 7 days a week: Tuesday-Sunday 11:00am-9:00pm and Monday 11:00am-8:00pm.

-Owner does not work onsite but does oversee operations with 2 full-time employees and 5 part-time employees.

-Inventory valued at $2,000 (approx) is not included in the purchase price.

-Premises is licensed with at Type-41 ABC Beer and Wine license.


PRICE INCLUDES: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, goodwill and leasehold improvements. Tradename, brand, recipes and menu are not included. Some personal items/items owned by the landlord may also be excluded from the sale.

Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regards to this information.