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Mexican Food Restaurant For sale - with 50% seller carryback

Prescott Valley, Arizona (Yavapai County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $1,300,000 Inventory  
Gross Income $700,000 Real Estate  
Cash Flow Not Disclosed Year Established 1984
FF&E N/A Employees 6

* included in the asking price

** not included in the asking price

One of the best Mexican food Restaurants in Northern Arizona. Seller will consider financing up to 50% depending on buyers financials. Proposed terms woudl be ten years at 8.75%. Seller would also consider a sale lease back for up to three years. Business has a very strong local customer base, and has been in operation with the same owners for over 18 years. It is located within 500 feet of a proposed new upscale Medical office Plaza, and will be the closest Restaurant/Bar to this facility. This business serves the best Mexican food to be found in the local area. Prescott Valley is expected to double in size within the next 5 years, don't miss out on the potential. On financing please submit to owner may carry, food and liquor inventory not included with sale. Name of business is not included in the offer to sale.

Facilities: 5,000 sq ft building on .96 acres of land. Full service bar and restaurant. 320 sq ft rental unit currently leased. Accessed off of one of the major roads in town

Competition: Well established Mexican food Restaurant with a stong local customer base. Best Mexican Food in the area. Business is within 500 feet of a proposed upscale Medical office Plaza.

Growth/Expansion: Unlimited, no major competition in town for down home Mexican food.

Financing: Seller will consider up to 50% financing, for ten years at 8.75%

Support/Training: Negotiable in contract

Reason Selling: Decided the time was right to sell

AD # 235042

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