An Authentic Mexican Restaurant for Sale in Sylvan Lake Market!

Sylvan Lake, MI
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Asking Price:$150,000
Gross Revenue:$396,691
Cash Flow:$59,199
Rent:$3,400/Month
BUSINESS DESCRIPTION

Discover a remarkable opportunity for savvy investors eager to enter the thriving northern Oakland County market! This Mexican restaurant for sale boasts low monthly rent and accessible lending options, allowing qualified buyers to capitalize on this fantastic chance while it lasts.
Nestled among high-end residential neighborhoods and a vibrant mix of retail establishments and offices, this location is highly desirable. With so much excitement surrounding the restaurant, the growth potential is truly limitless.
At We Sell Restaurants, we believe that an on-site owner can significantly boost sales through enhanced marketing, catering, and extended hours. As the new owner, you can tailor the menu to meet customer preferences. The current menu offers a wide variety of options, and simply increasing hours or introducing new dishes could enhance profits at this well-maintained establishment.
The rent for this 2,750-square-foot restaurant is just over $3,400 per month, including CAMs, with seating for 36. You'll appreciate the sleek, modern design that reflects the effort invested in creating an inviting space.
This restaurant comes fully equipped, making it ideal for those looking to expand their business or embark on a new venture. Priced at just $175,000 and an owner benefit of $60k, this incredible deal won't last long! Don't wait too long—this restaurant for sale is sure to attract a lot of interest, so make sure to secure your offer soon.
While traditional SBA lending isn't available, alternative financing options are. We have lender resources that can provide unsecured lending for qualified buyers, ensuring you have the support needed to succeed.
Contact the restaurant brokers today by phone or email! By providing your phone number to We Sell Restaurants, you agree to receive text notifications. Click the tab below to acknowledge confidentiality regarding this restaurant for sale. For many business opportunities, you will promptly receive the name, address, photos, and most recent financials. If you have any questions, reach out to Certified Restaurant Brokers Gary and Mike Elle at (248) 509-0139.


DETAILED INFORMATION
Location
Sylvan Lake, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,750
Lease Expiration
31/05/2027
Employees
7
Facilities
2 - Condemn Coolers 1 - Spoton POS System 1 - Two Bowl Beverage Dispenser 1 - Coffee Maker 2 - Small Refrigerators 4 - Four Speaker System 14 - Tables 36 - Chairs 1 - Two Drawer Chip Warmer 1 - Two Door Cooler 1 - One Door Cooler Pizza Station 1 - One Door Stand Up Freezer 1 - Two Door Hot Holder 1 - Five Bay Steam Table 1 - Ice Machine/Ice Bin 1 - Meet Slicer 1 - Induction Hot Plate 1 - Pitco 70lb Deep Fryer 1 - Magic Chef 40lb Deep Fryer 1 - Star 2ft Griddle 1 - Imperial 4ft Griddle 1 - Southbend 6 Burner Stovetop With Oven 1 - 4ft Coldline Chef Base 1 - 5ft Stainless Steel Table 1 - Pitco Fryer Oil Filter 2 - 6ft Stainless Steel Table 1 - 4ft Stainless Steel Table with Sink 1 - Montague Cheese Melter 1 - 1 Door Comm Freezer/Standup 10 - 48inch Stainless Steel Shelves 1 - Panini Press 1 - Surveillance System 2 - File Cabinets with 2 Drawers 2 - Small Food Warmers 1 - Menu Master 4000watt Microwave 1 - 5ft Stainless Steel Table 2 - 6ft Stainless Steel Shelf 1 - 6ft Stainless Steel Double Shelf 1 - 55inch Tv 1 - 4 ft Stainless Steel Shelf 1 - Rice Cooker 1 - Robot Coupe 1 - Dicer/ Processor 2 - Soup Warmers 1 - Vitamix Blender 1 - Fajita Ninja Meet Slicer 1 - Mars Barista Coffee/Tee/Latte Machine
Competition
Upper middle class to high income population within 5 miles
Growth & Expansion
Desireable neighborhood, well established reputation, great location on busy road.
Support & Training
Two Months
Reason for Selling
Personal
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Gary
Elle
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Gary Elle