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Mexican Grill & Cantina-1531

Peoria, Arizona (Maricopa County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $495,000 Inventory  
Gross Income $3,328,499 Real Estate  
Cash Flow $248,206 Year Established 2006
FF&E $225,000* Employees 15ft/25pt

* included in the asking price

** not included in the asking price

Outstanding high-volume Mexican Grill & Cantina in a AAA Northwest Valley location. This facility has a huge island bar, open dining room with multi-level seating, efficiently designed high-capacity kitchen and fabulous patio with great exposure to all of the local traffic. This business is large in scope but is absolutely a winner location and facilities for an experienced restaurant and bar operator with strong financial qualifications. Priced well below cost to create at only $795,000, just reduced to $695,000. Reduced again to $550,000. Seller very motivated and reduced the price again to $495,000!!

Facilities: 7611SF, 225 indoor/100 patio seating, rent: $21,672.82, expires 12/31/12, 5-five year options

Support/Training: 2 Weeks

Reason Selling: Other business interests

AD # 365671

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