Mexican Restaurant & Bar

Ogemaw County, MI

Seller Financing Available

listing image
Asking Price:$749,000
Inventory:$10,000
Gross Revenue:$568,046
Established Year:2004
BUSINESS DESCRIPTION

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! Call Armen Nazarian Business Brokers
*Price includes both Business & Property


DETAILED INFORMATION
Location
Ogemaw County, MI
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,038
Employees
7
Facilities
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.
Growth & Expansion
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.
Financing
$749,000 with $225,000 down. 8% int., amortized over 240 months, balloon due in 120 m
Support & Training
Seller will Train
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Armen
Nazarian
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Armen Nazarian