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Buyer only needs 20% down, $160,000. SBA has pre-qualified this business for a loan up to $750,000. This business is a high volume, successful, Authentic Mexican Restaurant. Established in 1988, and has been in the same ownership for 40 years. Beer and Wine License. 10 miles east from downtown Syracuse.

Additional Details

  • Listing Type*:Established Business
  • Business Structure:Corporation
  • Reason For Selling:Retirement
  • Support and Training:Seller will train Buyer in the operation of the Business for a period of 4 consecutive weeks from closing, for up to 30 hours per week at Buyer's discretion.
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  • Year Established:1986
  • Number of Employees:14
  • Seller Financing Notes:85% pre-qualified SBA business loan. 8.75% fixed, 10 year term.
  • Rent:$7,200
  • Real Estate:Owned
  • Inventory Included In Asking Price:Yes
  • Inventory Value:$10,000
  • Cash Flow:$245,000
  • Gross Revenue:$866,000
  • Additional Attributes:Seller Financing

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  • $$$$
  • Asking Price: $425,000
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