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Successful Family Style Mexican Restaurant & Bar

Woodinville, WA (King County)

Seller Financing Available
Successful Family Style Mexican Restaurant & Bar
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Asking Price: $500,000

Cash Flow: $155,165

Gross Revenue: $2,929,731

EBITDA: N/A

FF&E: $400,000

Inventory: N/A

Rent: $18,813.33 /Month

Established: 2005

Successful Family Style Mexican Restaurant & Bar

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Business Description

Established and profitable, high volume, Family Mexican restaurant in busy are

High volume Mexican restaurant located in busy area of Woodinville. This business Gross Sales were over $2.8 Million last year and have shown a consistent increase in sales over the last three years. Ample seating at this location with over 7,000 SqFt, also offers outdoor seating as well. Full bar with class H, Full kitchen includes hood and walk in. Parking on location, great signage on a busy street with heavy car traffic daily. Cash flow does NOT include owners salary. Very clean, well maintained with four star on Yelp with over 300 reviews! This is a great opportunity for a managing owner.
current lease runs through 2022 with two five year options.
Please view with discretion, NDA required. For more information please contact the listing broker.

Detailed Information

Location:
Woodinville, WA
Real Estate:
Leased
Building SF:
7,055
Lease Expiration:
5/31/2022
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full kitchen, Full service bar, indoor and outdoor seating and parking on site
Competition:
Many restaurants in the area however, this business is well known by the community and well supported.
Growth & Expansion:
Ample opportunity to grow the concept
Financing:
Possible OAC
Support & Training:
After closing
Reason for Selling:
Owner has other interest
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Contact the Seller

(from currently available funds)
 
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Carrie Field Topacio

Business Listed By:
Carrie Field Topacio

Vantage Commercial Partners

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Sponsoring Broker:
Conrad A. Topacio

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