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Established Mexican Restaurant In Dallas For Sale

Dallas, Texas, US
Asking Price:
$1M - $5M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M
Cash Flow:
Available on request

Very special restaurant that makes every customer feel like they are having a dining experience in Mexico. It is very established with a loyal customer base and maintains two buildings side by side with 2 separate bars and 3 large covered patio areas with misting fans for the summer and gas heaters for the winter.The restaurant has live entertainment weekly and has an impeccable reputation for a high-quality menu and service. The staff has been together almost entirely from the start.

Property Information

Real Estate:

Lease

Lease Terms:

4.5 years remaining + option to renew

Leasehold Rent:

$16,200 per annum

Location:

Very popular Lower Greenville ave district

Premises Details:

2 stand-alone century-old buildings with 2 complete updated kitchens, 2 bars and 3 patio areas

Size in square feet:
Close to 4000 sg ft interior / 2500 sq.ft patio

Business Operation

Reasons for selling:

Looking to retire to his home in Hill Country

Trading hours:

11:00 to 12:00 am weekends
11:00 am to 10:00 pm weekdays
Open 7 days a week

Employees:
25 employees
Years established:
13 years

Other Information

Furniture / Fixtures value:
$155,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price