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Mexican Restaurant For Sale Features Stunning Bar
Location Georgia,United States
Asking Price Range < $250K
Gross Revenues $665000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2012
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description Mexican restaurant for sale with full bar features a beautiful build out and incredible patio. Owner told the restaurant brokers to bring him a buyer ''pronto.''
This gorgeous Mexican restaurant for sale will have you saying, "Si Senor" to this opportunity. Incredible horseshoe shaped bar is a feature of the design where everything from margaritas to manhattans flow to the guests as they snack on chips and salsa before dining.
Industrial Kitchen is designed for efficiency and features brand new equipment that is in perfect condition and designed for any cuisine. Each quadrant is divided for maximum efficiency. Hood with fire suppression system has all the equipment under the line including multiple fryers, flat top, grill and more. Walk in refrigeration and walk in freezer. Dishwashing station and prep areas feature the latest equipment.
Seller spent more than $130,000 personally on this location and the landlord contributed another $200,000 putting together this sparkling 4200 gem of a Mexican restaurant for sale. Rent is market rate at $5600 base rent and $7200 with CAMS. Buy this Mexican restaurant for sale located in Canton, the county seat of Cherokee County and growing suburb.
Seating ranges from booths to tables to bar stools and everything is brand new and sparkling. Patio has room to seat another 40 and gets almost year round use in Georgia's temperate climate. Multiple terminals on high end POS system keeps track of the business and boy do they do a lot of business in this Mexican restaurant for sale. Sales in the first 9 months of this year were more than $500,000 and net to the owner was $55849 including his monthly salary. Estimated earnings for the entire year will be approximately $75,000.
The owner of this Mexican restaurant for sale lives more than 40 miles from this location so he just wants to move on and bring a new operator on board to take advantage of the great business he has built.
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