Newly Designed, High Volume Mexican Restaurant & Bar for Sale!

Newly Designed, High Volume Mexican Restaurant & Bar for Sale! Great %-Rent Based Lease

RRC# 4808
Location: Alameda County

Description:
This new and high volume Mexican concept with a strong bar aspect is for sale. The current owner has decided to focus on other ventures and is selling this newly built and designed restaurant for a bargain price given the initial investment into the space was over $1.3 MILLION dollars.

All design elements, fixtures, equipment and infrastructure is newly built in this stunning first generation space. The improvements included all new Electrical, Plumbing, HVAC, Type 1 Kitchen Hoods, Lighting, Storage Areas, ADA Compliant Design, a Long Haul Beer Draft System with a great Bar top and bar area with Type 47 Liquor License that will transfer to a new owner and so much more! A full equipment list can be transferred upon request.

In addition to the great dining areas and bar scene, there are vibrant patio tables and chairs with heaters in front of the business, which draws attention and diners wanting to enjoy outdoor dining.

The 3128sf space did over $1.7 Million in 2023 and is target to break $2million in sales in 2024. The space is great for groups or events and thrives on sporting events with its many screens and bar vibe. They sold nearly $25K on Cinco Mayo alone!

The current owners have negotiated a great new lease that is based on 5% of monthly sales, plus reasonable triple net charges of $2922/month. The term runs into 2031 with an option to extend.

A new owner operator could thrive with this new design, strong volume and customer base!

Reach out now for more information or to schedule a tour.
Andy@restaurantrealty.com


Financial Information:
Monthly Revenue: $150k-$200k
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,000,000
Annual Cash Flow: Contact for Info

General Info:
Ownership: LLC
Established: 2022
Employees: 15+/-
Reason For Sale: Other Interests
Monthly Rent: 5% of Sales + $2922 NNNs
Expiration: 6/15/2031 plus 2 -5yr Options

Facilities:
Square Feet: 3,128
Seating: 49 Dining Room Seats, 10 Bar Chairs, 20+ on Sidewalk-Patio
Parking: Easy Street Parking
Licenses: Type 47 Liquor License, Health & Business
Days/Hours of Operation: Contact for Info