Established Mexican Restaurant For Sale- Nestled In A Vibrant Area Saint Paul, MN 55102
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Established Mexican Restaurant For Sale- Nestled In A Vibrant Area
- Year built
- 1969
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Mexican restaurant in Saint Paul, Minnesota, presents a unique investment opportunity. Boasting 4,000 square feet of space in a vibrant neighborhood, this 1969-built restaurant enjoys high visibility and strong foot traffic. The current owners are retiring and offering comprehensive training and transition support. The restaurant features a fully equipped commercial kitchen, a beautiful hardwood bar, off-street parking, and rustic decor. It includes 24 tables (including 4 high-top bar tables), 160 chairs/seats (including 12 bar seats), and 10 booths. Equipment includes a walk-in cooler, multiple ovens, ranges, fryers, and a POS system. The restaurant currently operates with limited hours, excluding lunch (except Fridays), presenting a significant opportunity to expand service and increase revenue. Recent approval for outdoor dining further enhances growth potential. The annual gross revenue is $600,000, with a monthly lease rate of $8,000. The sale includes all existing equipment, fixtures, and a loyal customer base. This turnkey operation is ideal for experienced restaurateurs or first-time buyers seeking a well-established business in a thriving community. The restaurant employs 11 people. The location is in the 55102 zip code of Ramsey County.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Paul
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.1127
- Latitude
- 44.9344