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Profitable Mexican Restaurant and Bar for Sale! $600,000 Owner Benefit.

This Family Mexican Restaurant and Bar for Sale is located in Charlotte Market with over 10 years in business is ready for a new owner.
The business has had consistent growth year over year. Owner benefit is over $600,000!!


This Mexican Restaurant and Bar for Sale is a very well established with a high volume of revenue and has been turning a profit year round. Pandemic proof ! Located off a major highway within a busy strip mall this restaurant has been well-known for serving classic Mexican for over 10 years, many of its employees are long-tenured and loyal. Their authentic Mexican food , signature Margaritas and reputation in the community has given them a loyal customer base. Plenty of take away orders and repeat customers. The area is growing and so are sales! Delivery could be added to increase sales even more.

This Mexican Restaurant and Bar for Sale by We Sell Restaurants is 100% Turnkey operation. Currently open Monday - Friday from 11am –10pm and Saturday- Sunday 12pm -10 pm. This Restaurant serves the best Authentic Mexican dishes in the Lincoln County, and the Google reviews validate it! The menu offers Appetizers, Soups, Enchiladas, Quesadillas,Tacos,Burritos, Tostadas, and Seafood Dishes .  
 
This Restaurant has a kitchen that includes a huge 16 ft hood system, flat top grill , 6 burner stove, walk-in cooler, walk-in freezer, beer taps and much more. The monthly rent on this Restaurant is $3500 per month. Inside seating holds 135 with both table and bar seating with additional  28 seats out on the patio. This really is a great opportunity for a restaurant owner entrepreneur!


This Restaurant for Sale has an amazing Owner Benefit over 700k! Take advantage of the low-interest rates in today's market while they last and lock in a great deal. This Restaurant qualifies for an SBA long-term (10 years) loan with just 20% down. 

 



This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Justin Scotto at (704) 609-4460

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8581
  • Price: $1250000

Lease Term: 5

Monthly Rent: $3474.25,

Indoor Seating: 135

Inside Sq. Ft: 3500,

Hood System: Yes

Hours Open: Monday-Friday: 11am to 10pm Saturday: 12pm to 10pm Sunday: 12pm to 10pm

# of Part-Time Employees: 4

# of Full-Time Employees: 7

Net Sales: $1287757.00

Owner Benefit: $619009

Features

  • Great menu and location!
  • SBA lending available
  • Profitable and Ready for a New Owner
  • Popular with the locals
  • Walk Into Profit on Day One
  • Great Reviews
  • High Visibility
  • Patio Seating
  • Fast Return on Investment!
  • Tremendous Profits and Owners Benefits!
  • Total Turn Key!
  • Mexican Restaurant and Bar for Sale
Profitable Mexican Restaurant and Bar for Sale! $600,000 Owner Benefit.

STEP ONE TO

OWNERSHIP

ACKNOWLEDGE
CONFIDENTIALITY

For Additional photos, financial information and equipment list

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