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Popular Mexican Restaurant

Friday Harbor, WA (San Juan County)

Welcome to Mi Casita!
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Asking Price: $169,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,500 /Month

Established: 1995

Popular Mexican Restaurant

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Business Description

One of San Juan Island’s favorite restaurants, Mi Casita offers seating for over 130, outdoor patio, full bar, large kitchen. Lots of parking and located within Friday Harbor Suites Hotel. Good lease. Opportunity to grow business by catering and expanding hours. Over 22 years in operation. More photos at MLS listing # 1408215.

Detailed Information

Location:
Friday Harbor, WA
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
12/31/2021
Facilities:
Good lease, renewable for five additional years when current one expires 12/21. Seating over 130, outdoor patio, some equipment and festive decor included in sale.
Competition:
Only Mexican restaurant in destination island village location. Prime location located within one of the island's larger hotels, with lots of parking, nice outdoor patio. Very good local repeat business, popular full bar with TVs.
Growth & Expansion:
Plenty of potential to expand this business; currently open 4 hrs/night, 6 nights per week. Could expand to lunch, breakfast, catering, special events, or...?
Financing:
Financial info available with signed Confidentiality Agreement.
Support & Training:
Owner may train.
Reason for Selling:
Retiring
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Business Listed By:
Nancy or Kelly

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