Mexican Restaurant In Bergen County For Sale

Business description

A large and loyal following has made this Mexican specialties restaurant and bar an institution in an upscale town. No competition. Located in a strip mall with plenty of parking. Grossing an average of $19K a week with rent of $6,700 including snow removal, garbage collection and property tax. Seats 120 inside (including 12 at bar) plus 14 outside (license allows liquor service outside). Private party room with 50 seats available for off hours events. Premises completely renovated only 2 years ago with new electric, plumbing, handicapped restrooms and kitchen equipment. Half basement with some food storage. Sales breakdown: 35 % liquor and 65 % food; weekend 60% and weekday 40%; lunch 10% and dinner 90%. Point of sale system in place. 8 year record of solid sales. Unexpected medical issues bring this excellent opportunity to the market. Ideal for an individual or partners with foodservice experience and financial qualifications to build on the strong foundation of this business. Learn how you can grow this business to a weekly gross of $25K by making your inquiry today!

Property information

Real Estate:

Lease

Other information

Support & training:

yes

Reasons for selling:

personal

Financing available:

675,000 down & cash

Furniture / Fixtures value:

$300,000

Inventory / Stock value:

$4,000

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