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Mexican Restaurant in Nassau County NY for sale in NY

New York (NY)

Asking Price: Gross: Cash Flow:
$ 700,000 $ 2,300,000 $ 250,000

Business Summary:
Established 7,000 sq. ft Mexican restaurant of 30 years. The restaurant seats 200 customers, and is located in a free-standing building, in a busy location. The restaurant is currently is open for short hours, mostly for dinner, and closed between 9:00 pm and 10:00 pm. However, the restaurant is open for lunch and dinner on the weekends. There is a lot of room for growth that the new owner could utilize by adding tap beers and promoting night events. There is a ton of parking for many customers to visit the location. There is also a full staff in place. A motivated buyer can easily increase sales drastically. Seller prefers to sell the real estate and business together as he is planning on retiring soon. The restaurant has a full sit-down bar with several walk-in boxes. The kitchen has a huge prep area, as well as an office, liquor room and three dining areas. Please contact the broker Jim Aloi. The real estate is an additional $1,800,000 and is available through PMTG Reality with a total asking of $2,500,000. This is a great place to add a second concept, and is in a fantastic location. Please contact the broker at 1-877-735-5224. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

 

   
Owner willing to finance: 700,000.00 Down & To be determined  
   
Owner willing to train: Yes  
   
Reason for selling: Retiring  
   
Seller Reference Number: bm92758180
BusinessMart.com Listing Number: 230812
 

 

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Vested Business Brokers
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