Upscale Mexican Restaurant and Bar for Sale! Near Baylor University!

Waco, TX
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Asking Price:$150,000
Gross Revenue:$476,261
Rent:$2,649/Month
Established Year:2023
Cash Flow:$69,573
Inventory:$5,000
FF&E:$171,000
BUSINESS DESCRIPTION

Opportunity to own a Stylish, profitable, Upscale Mexican restaurant & bar located in the heart of Waco, TX near Baylor University! Chef-driven, Extensive menu includes delicious Mexican food and hand-crafted cocktails, beer and wine. Furniture, fixtures and equipment included. Catering Van wrapped with logo included. Training will be provided! For additional information please contact Richard Mireles at 817-905-3032 or Richard.Mireles@fcbb.com


DETAILED INFORMATION
Location
Waco, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,070
Lease Expiration
01/07/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 1,070 square feet with a Total monthly rent of $2,649. Lease ends 07/2027 with two (2), sixty (60) month options. Seller is active with 2 FT and 5 PT employees. Hours of operation are Sun, Tues – Thurs 11 am – 9 pm & Fri – Sat 11 am – 10 pm. $5,000 in inventory and $171,000 in FF&E included in the asking price. TABC license required.
Support & Training
Two (2) weeks
Reason for Selling
Relocated
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Richard Mireles
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Richard Mireles