Greensboro Mexican Restaurant For Sale With $1.7 Million In Sales! Greensboro, NC 27408
- Retail properties
- 6,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Greensboro Mexican Restaurant For Sale With $1.7 Million In Sales!
- Year built
- 2008
- Property size
- 6,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Greensboro Mexican restaurant presents a unique investment opportunity. Boasting 6,500 square feet of space in a prime location, this fully-equipped restaurant generated $1,757,906 in sales during 2023. The lease extends until July 31, 2028, with a monthly rent of $25,156. The spacious dining area comfortably seats 210-220 guests, and the extensive commercial kitchen is fully equipped with two fryers, two flat-top grills, two stoves, a convection oven, walk-in coolers and freezers, and ample prep space. Equipment includes a POS system, cameras, and various other kitchen and dining necessities. The restaurant features a variety of seating options including booths, tables, and bar seating. The seller is willing to assist with the transition, provided the current manager remains. This turnkey operation is ideal for an entrepreneur seeking a profitable, established business in a high-traffic area. While the asking price is $275,000, the significant sales history and existing infrastructure make this a compelling investment. The restaurant's location within a busy shopping center contributes to its consistent customer base. The business has approximately 20 employees. Inventory is not included in the asking price. Note that this is a leasehold interest, not a real estate sale.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.8129
- Latitude
- 36.1047
