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#1583
Washington Central

Central Washington Mexican Restaurant with Bar for Sale

$250,000
Central Washington Mexican Restaurant with Bar for Sale
This Listing is Expired
Selling Restaurants presents this large well established Mexican restaurant and bar located just off a busy I-90 exit, but this location would welcome new concepts as well. The restaurant is situated next to a large hotel in a development that includes an anchor grocery store and strip mall retail center. The restaurant and bar offers a traditional Mexican restaurant setting with vibrant colors, hand carved booths, quality tables and chairs, and authentic artwork. In addition to the main dining room the restaurant also includes a cozy bar with five tables and a beautiful private banquet room. The kitchen sparkles like it's brand new and includes a walk in cooler, walk in freezer, type one hood, grill, 2 deep fryers, 3 compartment sink, drink and service station, and much more. Take advantage of this well established restaurant that has consistently grossed over 600K per year! This is an Add Value Alliance, Inc. listing
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Washington Central
Lease Term:
4 years remain + 5 yr option
Total Monthly Rent:
$7,000

Financials

Last Year's Annual Gross:
$695,000
Last Year's Rent %:
12

Operations

Liquor License:
Full
# of Full-Time Employees:
6
# of Part-Time Employees:
4
# of Family Employees:
5
Hours Open:
11am-Close
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
# of Parking Spots:
30
Inside Sq. Ft.:
4,000

Highlights

  • Large Family Restaurant
  • Well Established Clientele
  • Sales Exceed $600k per year
  • Near Suncadia Golf Resort
  • Located in Shopping Center Development
  • High Visibility Signage
  • Located Off Busy I-90 Exit
  • Private Banquet Room
  • Large Type One Commercial Hood
  • Walk in Cooler
  • Walk in Freezer
  • Cozy Bar with Picture Window

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 6,606
Households 5-mi
2010 Number Of Households 2,425
2010 Persons Per Household 2.25
Median House Value $263,600
Income Per Household $46,509
Businesses 5-mi
2009 Number Of Businesses 253
2012 Number Of Employees 3,004
2012 Total Annual Payroll $47,324,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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