Mexican Restaurant In Northern Palm Beach County For Sale

Business description

This 10 year old 150 seat popular Full Liqour Mexican restaurant prides itself in making fresh quality food at moderate prices. It is well located on a main highway in a strip center with great signage. Owners have other businesses so this is not run with an owner operator.Problems with long time manager. An owner opreator with good marketing skills plus experinece running a bar could easily get sales up to what business did in the past $1,000,000 plus!!! No reasonable offer refused!!!

Down Payment: $75,000

Total Assets: $306,000

Sellers Discretionary Earnings: $50,000

Property information

Real Estate:

Lease

Lease terms:

Lease: $150000.00

Business Operation

Reasons for selling:

Partnership Dispute

Trading hours:

11am to 10pm 7 day's

Employees:

Full Time: 6 Part Time: 6 Managers: 1

Years established:

10

Other information

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)