Well Known Puerto Vallarta Steakhouse For Sale

Business description

Established in 1995, Back Alley Steakhouse is considered by many to by Vallarta's premiere steakhouse. Located just 2 blocks from the River Cuale, and 1 1/2 from the beach, the location old town is ideal. The restaurant has a strong following of American and Canadian residents, and draws a great tourist crowd.

Property information

Real Estate:

Lease

Lease terms:

5 year lease with increases not to exceed rate of inflation

Leasehold rent:

$16,000 per annum

Premises details:

20 tables with 19 new bar seats added this year. Beautiful garden patio dining area.

Size in square feet:

2000+ sq. ft.

Business Operation

Competition / Market:

Many restaurants of all types in old town, but none match the menu that is offered here.

Reasons for selling:

Family medical problems in states

Trading hours:

10a -11p

Employees:

6. Hiring now for high season staff of approx. 12

Years established:

1995

Other information

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)

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