Mexican Restaurant With Liquor License
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $71000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 6 - 9
Inventory $175000 equipment only.
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will supply a full review and transitional period.
Reason for Sale Relocating into alternative restaurants.
Description A profitable Mexican Restaurant for sale with Liquor located in a most pleasant setting and commercial area of Somerset County, New Jersey. The facility is well maintained and on a main avenue; which attracts many daily visitors. The business is known for its delightful staff and excellent cuisine, with a large selection of lunch and dinners dishes. The business opportunity offers a long term lease with modest rent payments. The income production represents 80% in food sales and 20% in liquor sales. The present owners are absentee and are prepared to supply financing to a qualified purchaser. The price is set very competitively due to other business locations.
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