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Successful MEXICAN restaurant with Liquor on State Hwy!

Somerset County, NJ

Seller Financing Available
Successful MEXICAN restaurant with Liquor on State Hwy!
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Asking Price: $2,299,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,700,000

Established: 1999

Successful MEXICAN restaurant with Liquor on State Hwy!

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Business Description

Long established causal Mexican concept with Liquor License on State Highway! Ready for new owner! This turnkey establishment has enjoyed 20+ years of success and is now ready for new owner! Present owner has health issues. Restaurant enjoys excellent sales and is surrounded by corporate clients as well as high income residential not to mention located on a very busy state highway.

Detailed Information

Location:
Somerset County, NJ
Real Estate:
Owned
Included in asking price
Building SF:
4,800
Employees:
20
Facilities:
Occupancy: 149, natural gas, city water and sewer, handicapped accessible. Sprinklers and security system, ample parking. 2 level operation each with their own entrance. Separate bar/lounge from dining room all in good condition.
Competition:
Some other liquor licenses in the area but none with this food concept.
Growth & Expansion:
It's a great area with plenty of large corporate offices and Pharmaceutical companies. The present owner has old ways and not focused on increasing revenues just maintaining operations as is.
Financing:
Some secondary financing may be possible
Support & Training:
Whatever is needed for successful transition
Reason for Selling:
Health issues
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(from currently available funds)
 
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Tim Delaney

Business Listed By:
Tim Delaney

Delaney Restaurant Realty

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