Popular Mexican Restaurant for Sale in Kings County, NY 32685

Kings County, NY

Popular Mexican Restaurant for Sale in Kings County, NY 32685
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Asking Price: $299,000

Cash Flow: $100,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000*

Established: N/A

*not included in asking price.

Popular Mexican Restaurant for Sale in Kings County, NY 32685

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Business Description

Busy Mexican Eatery for Sale in Kings County, NY 32685

This chic Mexican restaurant is located in one of the hottest zip codes in Brooklyn.
One of the best spots for incredible salsa and margaritas, and they have a huge selection of tequila to choose from.
Its known as the "go to" place for delicious Northern Mexican cuisine like traditional enchiladas, nachos and fajitas, but they also offer more exquisite platters as well.
The entire place has been recently renovated including a large bar with 3 beer taps, a fully functional kitchen located on the main floor, and a beautiful 600 square foot back yard patio.
The ambiance is warm and inviting and the vibe is contagious.
Located on a very busy block, a large portion of their revenue comes from deliveries and take out.
The restaurant is 1200 square feet which is a perfect size to keep labor costs manageable.
Downstairs is another 1200 square feet which consists of a prep area, walk in fridge, ice maker, dry goods storage and an office.
Rent is very reasonably priced and there are 3 years left on the lease with an additional 5 year extension.
Owner needs to sell because of health reasons.
Seller financing available.
Must see to appreciate.
Call Ross Lombardo at 877-735-5224 or email at rlombardo@vestedbb.com.

Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Kings County, NY
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
200K down & 99K @7% over 36 months
Support & Training:
Yes
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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