Absentee Run Authentic Mexican Rest. Prime Loc.

Palm Beach County, FL

Seller Financing Available
Absentee Run Authentic Mexican Rest. Prime Loc.

Asking Price:$198,000

Cash Flow:$81,084

Gross Revenue:$520,000

EBITDA:N/A

FF&E:$30,000

Inventory:$2,500

Established:2015

Absentee Run Authentic Mexican Rest. Prime Loc.

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Business Description

This absentee run, authentic Mexican restaurant is a local favorite. Located in a prime plaza in the heart of town. Rent is only $2,633 a mo. with a long term lease. Owner lives out of state and does not work the biz. Management and staff in place. Offers great Mexican food, beer & wine, nightly specials and entertainment. Owner operator can possibly net about $130k. Sales are increasing and now averaging $12k a week. Contact agent for details. Please refer to Listing #640154351 and advisor Max Crescenzi when inquiring.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 2633 Square Footage: 1800 Building Type: Plaza Terms & Options: 1-5 year option Expiration Date: 4/30/2017
Financing:
Seller will finance a total of $108,000 at 7% for a monthly price of $3,334.73 for 36
Support & Training:
Seller will train for 4 weeks at no cost.
Reason for Selling:
Seller relocating out of state

Listing Statistics for Premium Members

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Max Crescenzi

Business Listed By:
Max Crescenzi

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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