**RARE OPP**Historical Authentic Mexican Res 52 years, 47 License
Asking Price: | $600,000 |
Gross Revenue: | $1,500,000 |
Established Year: | 1972 |
Cash Flow: | $126,000 |
Rent: | $9,500/Month |
Historic 52 year Mexican Restaurant with incredible food and margaritas. Beautifully built-out restaurant. The previous owner spent thousands of dollars on several remodels, yet retaining the original boutique charm. It offers an inviting vibe upon entering the restaurant.
There is a small, but beautiful custom bar with a custom alcohol display directly behind it, which is excellent for boosting alcohol sales. The area is known for busy lunches and steady dinners. Regulars who love the cuisine are stable and loyal. Survived six global recessions and the food sets it a part from the competition.
The restaurant is decorated with rich, solid Mexican historical flair to complement the concept, but buyers can either keep the same theme or change it. While sales have been great, profits have been challenging. The owner is second generation family owner, ready to move on and retire.
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