Fantastic Mexican restaurant with 10 slots on a contract with a slot route company. The machines are on a 70/30 split, however the contract is up for renewal (the Seller understands that the business is eligible for 15 slots). The seller lives out of state and is ready to retire and feels certain that the gross and net will increase with a hands on local owner. The business is currently operated by the manager and 19 employees. This restaurant boasts a great reputation for a friendly atmosphere with good food and great service. Their service and food bring customers back again and this is why the Gross and Net income have been consistent over the past five years. Established since 1988, the Seller purchased the business in 1994. The restaurant has 37 tables that seat 4-6 people per table, plus 16-18 stools at the bar for a total occupancy of 176 people. If this well established business is what you are looking for, contact me today for more information. Please note that we will require you to sign a confidentiality agreement before releasing the name and address of this business and proof of funds.

This is a leased location of 4,400 square feet and a Total Rent of $12,015. Lease ends 2/2019 with Two 5 year options. Seller is not active in the business with 7FT and 12PT employees. Hours of operation are 11am-9pm 7 days a week. Included in asking price are $4,000 in Inventory and $363,868 in FF&E. Gaming and Health Licenses are required.

Posted Feb 23, 2016

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