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Mexican Restaurant in Nassau County NY - 30716

Nassau County, NY

Mexican Restaurant in Nassau County NY  - 30716
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Asking Price: $700,000

Cash Flow: $250,000

Gross Revenue: $2,300,000

EBITDA: N/A

FF&E: $250,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Mexican Restaurant in Nassau County NY - 30716

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Business Description

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.

Detailed Information

Location:
Nassau County, NY
Inventory:
Not included in asking price
Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
Reason for Selling:
Retiring
Business Website:
http://www.vestedbb.com
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(from currently available funds)
 
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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