Property summary
This thriving Jacksonville, FL Mexican bar and grill is available for sale as an asset purchase. Located on University Blvd W in Duval County (zip code 32217), this 1,848 square foot establishment boasts a prime location with high visibility and traffic. The sale includes all furniture, fixtures, and equipment (FF&E), a fully functional commercial kitchen, dining room furniture, bar equipment, POS systems, and an active liquor license for beer, wine, and margaritas (up to 20% alcohol). The restaurant features a diverse menu of traditional Mexican dishes, craft beers, and signature margaritas, and benefits from an established brand and loyal customer base. The current monthly rent is $4,000, and the asking price is $180,000, requiring a 50% down payment. The current owner will provide training and support during the transition. This is an exceptional opportunity for a buyer seeking a turnkey operation with immediate revenue potential. Note: This is an asset sale only; the lease is a NNN lease.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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