Mexican Restaurant & Bar / Bus & RE

Reference Code 0660

This is a great opportunity to own an established, beautiful, Mexican Grill & Cantina in Ogemaw County! This Restaurant Grill & Bar is located on a highly traveled road surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled and shows beautifully! All kitchen equipment is in excellent condition and serviced/maintained regularly. Menu consists of Ensaladas, Quesadillas, Tacos, Burritos, Enchiladas, Salsas, Pico De Gallo, Guacamole and so much more. Great selection of crafted drinks, Margaritas, Mojitos or Cervezas that perfectly complement the flavorful Mexican fare and embraces the spirit of Mexico. Current owner does not advertise… a new owner/operator with some creative advertising/marketing along with extending the hours of operations, opening on Mondays, 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 any food concept. Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers and train new owner!
*Price includes both Business & Property

Business Location Ogemaw County, MI
Gross Sales $568,046 Cash Flow TBD Business Price $749,000 (Business & RE) Down Payment $225,000 Monthly Payment $4,382.95 Interest Rate / Amortization 8% int., amortized over 240 months, balloon due in 120 months License Required Sales, Food, Class C Inventory Value $10,000 Employees Full Time 5 Employees Part Time 2 Date Established 2004 Hours of Operation Tues-Th 11am-8pm / Fri-Sat 11am-9pm / Sun 11am-8pm Real Estate Included in Business Price Reason for Sale Retirement


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