Turn-Key Established Mexican Restaurant with Full Liquor License

Asking Price$149,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$20,000
Included in asking price
FF&E$140,000
Included in asking price
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Turn-Key Established Mexican Restaurant with Full Liquor License


Asking Price$149,999

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$20,000
Included in asking price
FF&E$140,000
Included in asking price

Seller Financing Available
Business Description
Incredible opportunity to acquire a 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 of Old St Augustine Rd. This acquisition includes the Liquor License, Furniture, Fixtures, Inventory and all Equipment on premises.

Cinco de Mayo is being offered at $149,999.00 and the New Owner / Purchaser will assume the Lease.

The 3,000 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
2
Currently Home Based
Yes
Facilities & Assets
Situated in a 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, Prep Stations, Cook Tops, Hood System, Dishwashers, Fountain Machines, Frozen Margarita Machine, Wells, Ice Machines, Chip Warmer Etc.
Website
https://cincodemayojacksonville.com/mandarin/
Market Outlook / Competition
Location, Location, Location... this business has an incredible demographic area with medium to high income households and community backing due to variety of National Tenants. The prior Winn Dixie to shortly open as Jacksonville's first International Enson Asian Market. This will bring a vast majority of consumers to the Center! No Mex Restaurant in the area to compete. Amazing and continuously growing part of Jacksonville!
Opportunities for Growth
Capitalize on this Mexican Restaurant’s reputation by expanding catering services for events, parties, and corporate functions. Many Residential Developments, Offices and Businesses in the Area. Invest in marketing and social media campaigns to enhance brand visibility and attract a broader customer base outside Old St Augustine 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.
3,000
Rent
$7,365.00 per month
Lease Expiration
8/31/2033
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
2412163
Listing Views
20
Attached DocumentsAttachment Disclaimer

11101 Old St Augustine Rd Photos.pdf

11101 Old ST Aug DEMOGRAPHICS.pdf

Business Location

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Business Listed by: Victoria Ergisi

Listing ID: 2412163 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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