Mexican Restaurant with Bar
Listing Price: $299,999
- Asking Price: $299,999
- Gross Revenue: $955,751
- FF&E: $80,000
- Inventory: $10,000
- Rent: $9,618
- Established: 2018
Business Description
Great Sports Bar
This family-owned taqueria is known for offering authentic Mexican cuisine using the finest ingredients. It is 5,130 square feet and has a patio for additional seating. Two projectors and multiple TVs at the bar make this an ideal place to watch sporting events. A resort liquor license is included, which allows alcohol to be sold on Sundays and live music. The owner has another location and wants to scale down. You can keep the same concept or change it altogether.
Seating capacity is 200 total with 30 seats on the patio.
Hours: Tuesday-Friday 11am–9pm, Saturday 1pm-10pm, Sunday 1pm-9pm, Monday-Closed
Lease: Base Rent - $7,695 + $1,923.75 CAM & Real Estate Taxes = $9,618.75
Detailed Information
Location: Oakland County, MI
Inventory: Inventory is not included in asking price.
Real Estate: N/A
Building SF: 5130
Employees: 5FT / 5PT
Facilities: This 5,130-square-foot business is located in a plaza on a busy road.
Competition: Normal competition for the area
Growth & Expansion: A new owner could grow the business by extending the hours, increasing marketing, and expanding the bar area.
Financing: Cash or Bank Financing
Support & Training: Seller is willing to train a new owner.
Reason for Selling: Seller wants to scale down.
Lease Info: Base Rent - $7,695 + $1,923.75 CAM & Real Estate Taxes = $9,618.75
- Listing ID: 54697
- BizBuySell ID: 2303484