Profitable Iconic Mexican Restaurant & Bar For Sale In Florence! Cactus Forest, AZ 85132
- Retail properties
- 3,200 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!
- Year built
- 1974
- Property size
- 3,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This iconic Mexican restaurant and bar, established in 1974, presents a unique investment opportunity in Florence, Arizona. Boasting a 3,200 square foot space, this well-established business has generated a gross revenue of $1,093,532.42 and a cash flow of $35,816.24. The sale includes a fully equipped kitchen featuring two griddles, three fryers, a cheese melter, ovens, ample refrigeration (including walk-in cooler and freezer), and extensive bar equipment. The dining area comfortably seats 60 guests indoors, supplemented by outdoor patio seating. The restaurant employs 28 people and benefits from two weeks of training for a new owner. The seller is motivated to sell due to health reasons. The lease terms are negotiable with the landlord, who is the property owner. Located in a growing area near parks, schools, and homes, this restaurant is a well-known fixture in the community, offering significant potential for continued growth and profitability. The sale is a business sale, not an asset sale, and seller financing is not available. The restaurant features a hood system.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cactus Forest
- County
- Pinal
- State
- Arizona
- Longitude
- -111.189
- Latitude
- 32.9192
