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Mexican Restaurant In Nassau County For Sale

Nassau County, New York
Asking Price:
$700,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,300,000 (USD)
Cash Flow:
$250,000 (USD)

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

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retiring

Employees:
40

Other Information

Support & training:

yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

700,000.00 Down & To be determined

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

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