Busy Mexican Restaurant for Sale in Arizona showing $92,000 in Earning

, Arizona 5 views 0 favorites

Financial Highlights
Asking Price
$230,000
Revenue
$364,310
Business Description

Own and Operate your own Restaurant in the busy Glendale, Arizona Market and bring home $92,000 in earnings. This Profitable Mexican Restaurant for Sale has it all! Sales, Service, loyal Customers, Experienced Staff, Great Reviews and Profits! Qualified Buyers will have no problem securing SBA Lending on this profitable location in a great market! This is a rare opportunity to purchase a profitable Mexican Restaurant for Sale in the Glendale market. This opportunity has everything you could want in a restaurant. Loyal and experienced staff in place will help ease the transition for a new owner. The reviews are in, and they are outstanding! Established for over twenty-five years, this local favorite has stood the test of time. Qualified buyers could be approved for SBA lending in a matter of days, and fully funded in just weeks. We Sell Restaurants has lender resources available that can help you secure SBA lending. You will be able to start your dream of owning and operating your own Restaurant in less time than you think. This Mexican Restaurant for Sale is a turn-key operation and comes fully equipped with everything you need to continue serving up these great profits. Full liquor license is in place, as well as all the equipment, small wares, and furnishings. Owner earnings of a respectable $92,000 per year when you come in as an owner operator. The lease terms are also a rare find in this market! Just $2,700 per month for 1900 square feet of space. The current lease is valid through 2026 with an additional 5-year option remaining. A great lease rate on a great location, this Mexican Restaurant for Sale is situated in a high traffic shopping center, with plenty of frontage on a busy street between Westgate and Downtown Glendale. Don't miss out on your opportunity to purchase this Profitable Mexican Restaurant for Sale. Click to acknowledge confidentiality and begin your first step to ownership. To protect the privacy of the business proof of funds in the amount of 20% of the asking price will be required prior to receiving any detailed information. Location: Glendale, Arizona Year Established: 1987 Number of Employees: 9 Real Estate: Leased Building Sq. Ft.: 1,900 Rent:  Not Disclosed Lease Expiration: 6/1/2026 Website: www.wesellrestaurants.com Market Outlook/ Competition: The location is perfect for the customer base and has become a staple of community Has survived many economic downturns and has remained healthy financially Growth & Expansion: Very busy shopping center Fronts high traffic street on Glendale Ave Centered between Westgate Arizona Cardinals Stadium and Downtown Glendale

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 2 weeks ago

Views: 5

Favorites: 0