For Sale | Established Mexican Restaurant with Full Liquor License

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$30,000
Included in asking price
FF&E$180,000
Included in asking price
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For Sale | Established Mexican Restaurant with Full Liquor License


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$30,000
Included in asking price
FF&E$180,000
Included in asking price

Seller Financing Available
Business Description
Incredible opportunity to acquire a highly profitable, newly constructed, full-service Mexican Restaurant with a full bar for an amazing dining and drinking experience. A hip and completely original Restaurant strategically located at the heart and core of the Historic Downtown District. This acquisition includes the Liquor License, Furniture, Fixtures, Inventory and all Equipment on premises.

Don Eduardo is being offered at $250,000.00 and the New Owner / Purchaser will assume the Lease, which commenced May 5th, 2024, at a Lease Rate of $30.90 Base Rent plus NNN through 2035 with Three (3%) Annual Increases.

The Initial Lease Term is One Hundred and Twenty Six (126) Months with Two (2)- Five (5) Year Renewal Options.

The 4,722 square foot space is an incredible blend of charming and inviting with a pedestrian-friendly storefront. No expenses spared in this vibrant establishment, featuring a totally unique Mexican menu curated by professional chefs with years of business experience at national establishments, and a cozy and stylish bar with a carefully curated tequila and mezcal selection.

Finance opportunities available. Contact us today for additional information on this amazing Business!
About the Business
Years in Operation
1
Number of Employees
20
Currently Home Based
Yes
Facilities & Assets
Situated in a 4,722 square-foot in line space, this restaurant offers ample space for patrons to enjoy a welcoming and comfortable dining experience. Its prime location in high-traffic area guarantees a continuous stream of customers and excellent visibility. All fixtures and furniture is hand crafted one of a kind items. Kitchen fully equipped with new equipment such as Walk In cooler & Freezer Combo, Prep Stations, Cook Tops, Hood System, Dishwashers, Fountain Machines, Frozen Margarita Machine, Wells, Ice Machines, Chip Warmer Etc.
Website
https://www.doneduardococina.com/
Market Outlook / Competition
Location, Location, Location... this business has an incredible demographic area with high income households and community backing due to Historic Area. No High-End Mex Restaurant in the area to compete. Amazing part of Jacksonville!
Opportunities for Growth
Capitalize on this Mexican Restaurant’s reputation by expanding catering services for events, parties, and corporate functions. Many beautiful Churches, Parks and Historic Businesses in the Area. Invest in marketing and social media campaigns to enhance brand visibility and attract a broader customer base outside Downtown community. Continually refresh the menu with enticing Mexican cuisine to retain loyal customers and entice new ones with more specialized items!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,722
Rent
$14,225.00 per month
Lease Expiration
11/5/2035
About the Sale
Seller Motivation
Absent Owner
Transition Support
One week of training included in the price. Beyond one week Sellers expect compensation, to be negotiated.
Financing Options
Traditional Financing | Owner Financing | SBA Financing
Listing Info
ID
2412017
Listing Views
13
Attached DocumentsAttachment Disclaimer

2665 Park Street Demographics.pdf

Photos Don Eduardo.pdf

Business Location

Contact Seller

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Business Listed by: Victoria Ergisi

Listing ID: 2412017 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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