Buy a Business

Advert Ref: 1129

Perfect Turn Key Restaurant Facility For Sale

Details: Asking price:Undisclosed; Sales revenue:Undisclosed; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: This stand alone building is perfect for the restaurant concept needing large volumes and plenty of space with low rent. Or use it as a special events facility for weddings or large functions and celebrations. This corner location has approximately 11,500 SF and plenty of parking with over 300 Spaces available. Many concepts can work, particularly Mexican and Italian, as the population in the 3 mile area is over 140,000 with nearly 77% being white or Hispanic. The kitchen is large and fully loaded with plenty of equipment. It is located on a corner of a busy intersection with as many as 80,000+ vehicles driving by each day from this corner location.

Buy this building for only $2,600,000 and with 30% down, the monthly principle and interest payments are about $13,000. Or lease it for $13,000 a month plus NNN costs of about $3,500.

Much of the equipment to operate this facility is already in place including walk-in cooler, walk-in freezer, several hood systems, stoves, ovens, tables and much much more. Equipment must be purchased and is negotiable.

General information: Real Estate: Lease; Lease terms:289 seats 300 parking 11500 sq ft $13000/mo 5 yr term w/ 2 x 5 yr options