516 510.00 In Sales With Liquor License!! Kansas City, KS 66106
This established Kansas City Mexican restaurant, built in 2013, presents a unique investment opportunity. Boasting 7,660 square feet of space and a full liquor license, this business generated $1,516,510 in sales last year. The restaurant features a sports bar atmosphere with numerous TVs, attracting a loyal customer base within a 5-mile radius. There is no direct competition within this area. The current lease, a NNN agreement, extends until July 15, 2032, with a monthly rent of $9875. The sale includes the established name, concept, and recipes, ensuring a smooth transition for the new owner. The seller is motivated and open to offers. The restaurant's extensive kitchen equipment includes multiple prep tables, ovens, fryers, a tilt skillet, steam tables, and reach-in refrigerators. The seating capacity is 161. This turnkey operation offers significant potential for growth through expanded catering and marketing efforts. The asking price is $235,000, and seller financing is not available. Inventory is not included in the sale price. The seller is transitioning to a new career.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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