Summary
An authentic Mexican restaurant situated in a high exposure position in a busy suburban retail centre.
Location Details
The restaurant is situated in a high exposure corner block position in a busy suburban retail centre. The restaurant has a solid reputation in the community with loyal customers following a move from Mortdale to Riverwood 4 years ago.
Potential
Potential for further expansion includes:
• Application to council for street dining could increase dining capacity
• Extra promotion of special functions and parties – Mexican Fiesta nights had proven very successful in the past.
• Extended trading can be increased to include breakfasts and lunches and an additional 2 evenings can be introduced to increase income.
• Addition of espresso facilities for day trade
Hours
5:30pm till late
Wednesday - Sunday
These hours can be extended offering further income potential
Lease
Current lease expires 2025. With the option to extend for a further three years.
Employees
Owners plus fiive casuals including chefs, kitchenhand, wait staff.
Reason for Sale
Unfortunately significant health issues mean one of the owners is no longer able to work and so they have made the hard decision to sell. Keen to see the continued success of the business they will continue to support new owners if required.
About the Business
This in an authentic Mexican restaurant. The owners who have exerted enormous passion and energy to create an extremely popular hospitality venue in a busy suburb, ideal for a family dinner, party or even a quite night for two.
It prides itself on its service of authentic Mexican, using fresh ingredients making everything from scratch. The menu also caters for a spanish and modern Australian pallet with specials and a grill menu.
The restaurant is fully licenced offering a variety of wines, craft beers, and a variety of alcoholic and non-alcoholic cocktails. The bar has an extensive range of specialty tequila’s for purchase as well.
There are excellent systems in place for the smooth transition to a new owner, with support available if required.
History
The owners first owned a popular Mexican restaurant in the city, later purchasing a small restaurant in the suburb of Mortdale. Very quickly news of the move brought old customers from the city out to Mortdale. In early 2000's they sold the thriving restaurant to pursue the production of authentic Mexican products to service restaurants across the country, with their specialities in corn manufactured products. With an authentic supply of Mexican products established, they sold the factory and returned to the restaurant game.
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