Mexican Restaurant for Sale in Bristol, PA
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Asking Price
$1,200,000
Detailed Information
Bristol, Pennsylvania, US
Not Provided
NA
Business Description
For sale: Mexican restaurant located in a prime spot in Bristol Borough, PA. This established business brings in around $25k per week in winter and $40k per week in spring/summer. The restaurant has a capacity of 150 people with additional room for private catering events. It is fully staffed and recently renovated, with the potential to add a rooftop bar in the future. The property is rented at a monthly cost of approximately $17k, which includes lease and renovation expenses, with a 10-year lease in place and first rights to renew. The restaurant sale includes a liquor license, making it a comprehensive opportunity for a new owner. Located close to Bristol Wharf, the business is ideally situated for foot traffic and boaters. The current lease terms and renovation costs will be assumed by the new owner, with all monthly expenses consolidated into the $17k rent. With consistent weekly revenue and room for growth, this restaurant presents a great investment opportunity in a bustling area. Overall