Beautiful Mexican Restaurant in Florida

Riverview, FL
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Asking Price:$450,000
Gross Revenue:$641,370
Rent:$5,240/Month
Established Year:2022
Cash Flow:$19,537
Inventory:$21,000
FF&E:$37,685
BUSINESS DESCRIPTION

Beautiful Mexican Restaurant in Florida

Excellent Opportunity: Authentic Mexican Restaurant for Sale in Riverview, FL

This is a fantastic opportunity to acquire a well-established, authentic Mexican cuisine restaurant in the rapidly growing area of Riverview, FL. Located on the high-traffic US301 thoroughfare, this restaurant boasts an excellent reputation, with great reviews and a loyal customer base.

The restaurant serves made-from-scratch Mexican dishes, offering a full menu for lunch and dinner every day. In addition to the delicious food, it serves beer, wine, and liquor to enhance the dining experience. The space is beautifully decorated with vibrant Mexican charm, creating a cozy and inviting atmosphere for guests. The restaurant is impeccably clean, from the dining area to the kitchen, and all furniture, fixtures, equipment, and decor are in excellent condition, having been purchased new within the last three years.

Key Features:

Full Liquor License (4COP) and Tobacco License
Formerly operated as a buffet for 22 years before transitioning to its current concept
Latino Nights every Friday from 10 PM to 3 AM
Ability to host large parties up to 104 guests, perfect for events, weddings, and private parties
Ample parking space available
5-year lease with the option to renew for an additional 5 years (new lease or lease reassignment possible)
New plumbing and two new AC units (with ten 4-year-old units in great condition)
E2 Visa opportunity
This is an exceptional opportunity for new ownership, especially for a family-run business. With the combination of a prime location, loyal customer base, and established operations, this restaurant is poised for continued success and growth.


DETAILED INFORMATION
Location
Riverview, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,080
Lease Expiration
12/12/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
2 weeks at no cost
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Truforte
Business Group
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Truforte Business Group