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Sunbelt Business Brokers

Business Profile

Industry Segment:
Mexican Restaurant
General Location:
Pinellas County
Listing Number:
85934064

Purchase Information

Selling Price:
$1,700,000
Down Payment:
$1,700,000
Terms:

Financial Information

Gross Sales:
$1,438,883
Adj. EBITDA:
$353,227
Inventory:
$190,000 Included
Equipment:
$244,000 Included
Real Estate:
Not Included

Other Business Information

Year Established:
2005
Employees:
8 FT, 1 PT
Days & Hours:
M - T 12-9:30, F & S 12-10 Closed Sunday
Square Feet:
4,750
Monthly Rent:
$7,500
Can be Relocated?
N
Franchise?
N
Home-Based?
N

Business Description

Exceptional opportunity to buy a Very successful, busy Mexican Restaurant & Liquor Store, in a Prime Pinellas Beach location catering to locals & visitors alike on a major Blvd. Sellers have chosen to limit their personal work load creating several areas for substantial revenue growth; those being OPEN FOR BREAKFAST, OPEN SUNDAYS, EXTEND HOURS AND ACTIVATE AN EXISTING BEAUTIFUL COCKTAIL LOUNGE that's not in use. All have been requested by locals & visitors. FULL 4 COP LICENSE INCLUDED.

Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
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(727) 793-0090

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