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Full Service Waterfront Authentic Mexican Restaurant In Florida For Sale

Florida
Asking Price:
$1,200,000 (USD) Furniture / Fixtures included
Turnover:
$1,770,849 (USD)
Net Profit:
$530,025 (USD)

Fabulously decorated by real Mexican carpenters and artisans, this full service Authentic Mexican Restaurant serves the finest Mexican and Spanish cuisine with the freshest ingredients. It can be accessed by boat from the water, or by car, and has a full service bar and a very comfortable dining area. Our products are made fresh daily and our staff is well trained. This restaurant is being sold in order to develop other restaurants in other cities of FL, since the main corporation's interest is to sell the Mexican arts and decoration and to promote the Mexican cuisine. The numbers of this restaurant were taken from our last Tax Returns where 2018 sales reached a total of $1,770,849.60 and the profit/2018 year of $530,376.83. The 2018 average monthly sales of $147,570 says that this restaurant is already grown up. Real Estate is available for sale, but it is not included in the restaurant price.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expiration date 5/1/2020 Terms:TBN

Leasehold Rent:

$11,000 (USD) per annum

Size in square feet:
4,382

Business Operation

Reasons for selling:

Owner has several restaurants

Trading hours:

7 days/week 11am to 10pm

Employees:
24
Years established:
7

Other Information

Support & training:

two weeks at no cost!

Furniture / Fixtures value:
$765,000 (USD) - included in the asking price

Contact Information

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