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Mexican Restaurant with Bar

Oakland County, MI
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Asking Price:$299,999
Inventory:$10,000
FF&E:$80,000
Gross Revenue:$955,751
Rent:$9,618.75/Month
Established Year:2018
Listing ID: 2303484Listing provided by BizBuySell
BUSINESS DESCRIPTION

Great Sports Bar

This family-owned taqueria is known for offering authentic Mexican cuisine using the finest ingredients. It is 5,130 square feet and has a patio for additional seating. Two projectors and multiple TVs at the bar make this an ideal place to watch sporting events. A resort liquor license is included, which allows alcohol to be sold on Sundays and live music. The owner has another location and wants to scale down. You can keep the same concept or change it altogether.

Seating capacity is 200 total with 30 seats on the patio.

Hours: Tuesday-Friday 11am–9pm, Saturday 1pm-10pm, Sunday 1pm-9pm, Monday-Closed
Lease: Base Rent - $7,695 + $1,923.75 CAM & Real Estate Taxes = $9,618.75

DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,130
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 5,130-square-foot business is located in a plaza on a busy road.
Competition
Normal competition for the area
Growth & Expansion
A new owner could grow the business by extending the hours, increasing marketing, and expanding the bar area.
Financing
Cash or Bank Financing
Support & Training
Seller is willing to train a new owner.
Reason for Selling
Seller wants to scale down.
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Nadir
Jiddou
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Nadir Jiddou
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