Mexican Restaurant & Bar
Not Disclosed, MI Oakland County
Asking Price:
$399,000
Annual Revenue:
$1,081,520
Request More Information Contact the Seller
- RE: Mexican Restaurant & Bar
- Contact: Armen Nazarian
Owner Financing is Available!
$399,000 with $200,000 down, 8% interest, amortized over 84 months.
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $1,081,520 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 11 | |
| BBN Listing #: | 14752001 | |
| Broker Reference #: | 0558 |
Business Overview:
This is a great opportunity to own an established, beautiful, Mexican Restaurant & Bar in Oakland County! This Restaurant & Bar is located on a highly traveled road surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled, all kitchen equipment is in excellent condition and serviced regularly. Bar area shows beautifully with an area for live entertainment, 36 TVs, 2 big Projectors, and outdoor patio! Owner does not advertise… a new owner/operator with some creative advertising/marketing along with opening Monday, extending the hours of operations, adding catering and deliveries, live music/bands on weekends, drink/happy hour specials, dinner/lunch specials, and playing all big sports games, you have HUGE potential to the already solid gross sales. A must see/must have business that will not disappoint! Can be easily converted to another food concept. Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers and train new owner! Contact Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com*Name must change 30 days after closing.
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Property Features and Assets:
This is a great opportunity to own an established, beautiful, Mexican Restaurant & Bar in Oakland County! This Restaurant & Bar is located on a highly traveled road surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled, all kitchen equipment is in excellent condition and serviced regularly. Bar area shows beautifully with an area for live entertainment, 36 TVs, 2 big Projectors, and outdoor patio!Market Competition and Expansion:
Owner does not advertise… a new owner/operator with some creative advertising/marketing along with opening Monday, extending the hours of operations, adding catering and deliveries, live music/bands on weekends, drink/happy hour specials, dinner/lunch specials, and playing all big sports games, you have HUGE potential to the already solid gross sales.Reason for Selling:
Owns other Restaurants.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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