Mexican Restaurant & Bar

Reference Code 0214

This is a great opportunity to own a newer, Mexican Restaurant with Liquor License in Oakland County. Established in 2017, this restaurant is located on a highly traveled road situated between 3 major cities and one of the busiest business districts of Oakland County. All equipment is in “like-new” condition and maintained regularly. Great Menu! This 2,700 sq. ft. restaurant seats 92 inside & 20 on the outside patio. Plenty of residential and commercial properties in the surrounding areas. Absentee Owner! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding daily specials, live entertainment, corporate catering and hosting private parties, you have HUGE potential. This restaurant can easily be converted to a New Food Concept Restaurant, Coney Island, Deli Style, Family Style, Middle Eastern Restaurant Etc. Business does come with Lotto License! No expense was spared in build out! This is a turn-key operation that needs a new owner/operator to take it to the next level and beyond. Location alone is a homerun! Seller will train and entertain all reasonable offers! A must see/must have business that will not disappoint or last long.

Business Location Oakland County, MI
Gross Sales $500,000+ Cash Flow TBD Business Price $224,900 Down Payment $90,000 Monthly Payment $1,636.71 Interest Rate / Amortization 8% int., amortized over 120 months License Required Sales, Food, Class C Inventory Value $15,000 Employees Full Time 4 Employees Part Time 6 Date Established 11/2017 Hours of Operation M-F 11am-10pm / Sat 12pm-10pm / Sun 12pm-8pm Rent $3,800 Gross Lease Period 2022 Reason for Sale Absentee Owner / Owns Other Businesses


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