Long Est. Mexican Restaurant Ready for a Refresh in High End Center
Tucson, AZ
| Asking Price: | $70,000 |
| Inventory: | $5,000 |
| FF&E: | $30,000 |
| Gross Revenue: | $219,415 |
| Rent: | $5,200/Month |
| Established Year: | 1988 |
Listing ID: 2276836Listing provided by BizBuySell
BUSINESS DESCRIPTION
Neighborhood favorite restaurant that is ready for its next chapter – be it a new concept, new vision or new energy.
Current owner has run the restaurant for 17 years and while once profitable, owner has let it slip into a hobby business that has lost its passion and has focused on other ventures, resulting in financials that are essentially break even.
Several areas of opportunity include increasing hours (limited lunch and dinner hours) and days (currently closed Sunday and Monday), and better job of attracting today’s restaurant patrons
DETAILED INFORMATION
Location
Tucson, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
01/05/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully equipped kitchen including walk in refrigerator, updated hood, stove and grill, bar serving area, prep counters and more. Seats up to 100 patrons at a time
Reason for Selling
Retirement / Other ventures
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