For Sale
$250,000

Profitable Iconic Mexican Restaurant & Bar For Sale In Florence! Cactus Forest, AZ 85132

Iconic eatery, high revenue, established 1974.

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • $250,000 asking price for a profitable Mexican restaurant and bar.
  • 3,200 square foot restaurant built in 1974, located in Florence, Arizona.
  • Leased property with $1,093,532.42 gross revenue and $35,816.24 cash flow.
  • Includes extensive kitchen and bar equipment, seating for 60, and a hood system.
  • Seller offering two weeks of training; reason for sale is health.

Property Details for 0 Profitable Iconic Mexican Restaurant & Bar For Sale In Florence!

Property type
Retail properties, Restaurants
Square Feet
3,200 SF
Year Built
1974

Location Insight

City
Cactus Forest
County
Pinal
State
Arizona
Latitude
32.9191925
Longitude
-111.1891151

FAQs

What type of property is this?
Retail property - Iconic eatery, high revenue, established 1974.
Where is the retail property located?
The property is located at Profitable Iconic Mexican Restaurant & Bar For Sale In Florence! Cactus Forest, AZ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: $250,000 asking price for a profitable Mexican restaurant and bar.; 3,200 square foot restaurant built in 1974, located in Florence, Arizona.; Leased property with $1,093,532.42 gross revenue and $35,816.24 cash flow.
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