A very well-established authentic Mexican restaurant tucked away on the Teaneck-Bogota border. This hidden gem has been a staple in the community for over 20 years. Its large customer base is not only drawn from surrounding towns, but the great food and service have attracted those out of the area. Positive customer reviews and great online ratings. There is plenty of indoor and outdoor seating for 75 people comfortably, with a maximum occupancy of 100. Perfect for all seasons, occasions, and even private events. Private parking area for patrons and employees. Well-maintained and clean establishment showing pride of ownership from these original owners. All equipment and fixtures are included. Ready for the next owner to continue the Mexican tradition or to introduce a new cuisine to the community.
- Asking Price:
- $189,900 Furniture / Fixtures included
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Flexible. New lease terms to be negotiated with new business owner.
- Leasehold Rent:
-
$63,600 per annum
- Location:
-
252 Fort Lee Rd Bogota, NJ
- Premises Details:
-
2 room indoor dining area and 1 covered outdoor area. Front end kitchen. Prep station, walk in cooler, storage space, cleaning station, and 1 additional room currently used as an office in the rear.
- Size in square feet:
- 2,800
Business Operation
- Expansion Potential:
-
Expand on daily operating hours and operate all seven days.
Boost sales with a liquor license, if available and approved through the municipality.
Adding entertainment will attract more dine-in patrons and increase reservation requests for private parties and events.
Possible enclosure permitted for the outdoor seating area.
- Competition / Market:
-
The immediate area has a limited selection of smaller, quick service restaurants.
- Reasons for selling:
-
Owner is retiring.
- Trading hours:
-
Mon, Wed, Thurs Fri, Sat: 12:00pm - 9:00pm
Sunday: 2:00pm - 8:00pm
Tuesday: CLOSED
Most Holidays: CLOSED
- Employees:
- 8
- Years established:
- 20
Other Information
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
