Restaurant and Bar Muncie IN

2620 S Madison St., Muncie, Indiana 47302

  • Property Subtypes Food and Beverage
  • Gross Building Area 4,000 SF
  • Building Status Existing
  • Sale Price $279,900.00 Total
  • Property Use Type Business
  • Class of Space N/A
  • Total Land Size 10,000 SF
  • Sale Terms Cash to SellerOther
  • Cap Rate Undisclosed
  • Last Updated 10/15/2020
  • Status active

Overview / Comments

Owner is ready to retire and offer this Muncie restaurant for sale. The is the first Mexican Restaurant in Muncie with the same owner since 1978. Profitable business with room to grow the business and increase the profits. Includes all fixtures and equipment, liquor license, inventory, recipes and real estate. Truly a turn key operation. Steady and consistent income month to month and year to year. See agent for financials and to arrange inspections as this is an operating business. The restaurant seats a total of 136 consisting of 28 in the bar area, 20 in the outside patio and 88 in the interior dining room. The building, parking lot, walk in cooler, freezer and equipment have been well maintained and replaced as needed. Great opportunity for owner-operator or investor. Owner financing available.

Additional Details

  • Tax ID/APN 181122326007000003
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1.5
  • Year Built 1947
  • Total No Of Units 1

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