#920
Well established and critically acclaimed taqueria restaurant and bar is now available for sale. Opened several years ago at a cost of $650,000. All equipment is in mint condition. Awesome looking space with modern design. 3800/sf end-cap. Seating for 110 plus bar seating for 12 and awesome outdoor dining for 60. Incredible roadside visibility on very hi-traffic road in a very hi-density middle to hi-income “metro Atlanta suburban location” with tons of parking.
Long term lease at $8500 per month which includes all extras. Gross sales for 2009 came in at almost $1,000,000 with Owner pulling out $136,000 after paying all expenses including $45,000 per year GM and $38,000 per year KM. 2010 sales is 30% higher in gross sales then 2009 and should finish the year at $1,200,000. 100% absentee owner will pull out approximately $120,000 this year after paying all expenses. Total support and training from well known and established restaurant group is included in sale. Licensing deal allows for full use of name, recipes, and concept at a to be determined amount. There is no transfer or franchise fees in purchase. Transition will be a breeze with loyal front and back of the house staff in place.
Priced at $300,000 with some owner financing to qualified individual.
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