Mexican Restaurant & Bar

$399,000.00

File Number-#0558 | Location-Oakland County, MI | Gross Sales-$1,081,520 | Cash Flow-TBD | Business Price-$399,000 | Down Payment-$200,000

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File Number-#0558 | Location-Oakland County, MI | Gross Sales-$1,081,520 | Cash Flow-TBD | Business Price-$399,000 | Down Payment-$200,000 | Monthly Payment-$3,101,66 | Interest Rate/Amortization-8% int., amortized over 84 months | License Required-Sales, Food, Resort Class C | Inventory Value-$10,000 | Employees Full Time-7 | Employees Part Time-4 | Date Established-2018 | Hours of Operation-Tue-Sun 11am-9pm | Rent-$9,600 Gross | Lease Period-New Lease Required | Reason for Sale-Owns Other Restaurants

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!