Latin Restaurant & Bar w $200K Cashflow
Business Description
Well-established restaurant, bar, and nightclub generates $1.1M in annual revenue and serves a diverse customer base, including a strong following in the Hispanic/Latino community. The venue is known for its Latin cuisine, vibrant nightlife, and outdoor seating, making it a popular destination for locals and visitors.
The sale includes an R liquor license and operational licenses such as Amusement, Off-Premise Catering, Food Preparation, and Commissary, along with a recently updated bar and fully equipped kitchen. The kitchen staff is expected to stay on, ensuring a smooth transition. The property is leased, with new terms available.
Significant growth potential exists through improved management, off-site catering, and the optional purchase of a turnkey food truck business for $100,000. This additional opportunity allows for brand expansion beyond the restaurant's primary location.
The asking price for this business is $450,000!
The sale includes an R liquor license and operational licenses such as Amusement, Off-Premise Catering, Food Preparation, and Commissary, along with a recently updated bar and fully equipped kitchen. The kitchen staff is expected to stay on, ensuring a smooth transition. The property is leased, with new terms available.
Significant growth potential exists through improved management, off-site catering, and the optional purchase of a turnkey food truck business for $100,000. This additional opportunity allows for brand expansion beyond the restaurant's primary location.
The asking price for this business is $450,000!
About the Business
- Employees
- 17
- Facilities & Assets
- The venue features a fully equipped commercial kitchen, professional-grade bar, flexible event space, and modern sound and lighting systems, creating a comprehensive hospitality experience.
- Opportunities for Growth
- The business is positioned for growth, with opportunities to expand into services such as a lounge experience, off-premise catering, and more.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Other Interests
- Transition Support
- A two-week training program will ensure a smooth transition for the new owner, covering operations, staff training, menu offerings, and insights into the business's revenue streams.
- Financing Options
- Financing options may be available, depending on the buyer's qualifications.
Listing Info
- ID
- 2323821
- Listing Views
- 920
Listing ID: 2323821 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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