Exciting opportunity to own a thriving Mexican restaurant with a loyal clientele. The restaurant is situated in a prime, high-traffic location that attracts both local residents and tourists seeking genuine Mexican flavors in a welcoming environment. This well-established business comes with a 47 liquor license, allowing for a full bar and great beverage sales. The property offers ample on-site parking for customers, ensuring convenience and accessibility. If you're looking to expand your restaurant portfolio or start a new venture, this is a fantastic chance to step into a successful operation with strong community support. Whether you are an experienced restaurateur or an investor looking to enter the hospitality industry, this restaurant presents a promising path to success. Don't miss out on this exceptional opportunity in the vibrant Palm Springs area!
This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 000112425
- Asking Price:
- $550,000
- Sales Revenue:
- $1,408,021
- Cash Flow:
- $178,515
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
5 years with a 5-year option.
- Leasehold Rent:
-
$132,000 per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other business interest.
- Trading hours:
-
Hours of Operation: 8:00 AM – 10:00 PM 7 Days
- Employees:
- 4 FT 18 PT
- Years established:
- 2000
Other Information
- Support & training:
-
The seller will train for an agreed amount of time for a smooth transition.
