Mexican Restaurant-->Seller Finance Available

Seller Financing Available

For Sale: Established Restaurant with 35 Years of Tradition

This restaurant, located in a 1,000 square foot space, has been operating in the same location for 35 years, building a strong reputation and a loyal customer base. The full-time owner runs the business with the help of 2 full-time employees and 1 part-time employee, ensuring stable and reliable income.

Currently, the restaurant generates a monthly gross sales of $62,000 to $68,000 with a net income of $17,000 to $22,000. Before COVID, the business was making over $70,000 in monthly sales, indicating significant potential for future growth.

The rent is $3,480 with an additional CAM charge of $420, and the rent is fixed. A new lease will be required, with 3 years remaining on the current lease. The security deposit is two months' rent.

While the restaurant does not have an alcohol license, it remains a highly profitable and attractive business opportunity. Priced at $279,000, this is your chance to own a restaurant with a long-standing tradition and steady income.

Don't miss the opportunity to check out this promising business with great potential for higher profits!