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Tex Mex Qsr In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$125,000 (USD)
Sales Revenue:
$400,448 (USD)
Cash Flow:
$80,203 (USD)

Tex Mex fast food restaurant for sale. Property available for sale through the landlord directly. They specialize in quick serve and take-out. No delivery. That should be added right away. This is an ideal purchase during the pandemic. Gorgeous facility and branding. This business offers a modern, yet mid-western decor and fantastic food. They keep the menu simple, with staples such as tacos, burritos and nachos. The overhead is low. Rent is only $3,000/month, with 11 years remaining on the lease, and only 3% annual increases. The space is 1,700 sq. ft. with seating for 16. There have a full kitchen, but no liquor license. In the past year, the business grossed approx. $430,000.00, with a cash flow of approx. $80,000.00. This business is ideal for an owner/operator or family. We are seeking a serious and financially qualified buyer with at least $90K in liquid funds to cover the asking price and inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-28950 for instant access to this business information.

Business Operation

Reasons for selling:

Other interests

Employees:
4FT/4PT
Years established:
2018

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

90,000.00 Down & $35K over 4 yrs. @ 6%

Furniture / Fixtures value:
$150,000 (USD)
Inventory / Stock value:
$1,000 (USD)

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