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$199,999 total
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Asset Class
Hospitality
Size
—
Building class
A
Zoning
CHY — Highway Corridor
$ / SF
—
Occupancy
95%
Lot Size
0.0634863567493113 ac
Turnkey opportunity to own a well-established and highly regarded local favorite in the heart of Morinville! SELLER FINANCING OPTIONS AVAILABLE! Panchita’s Taqueria is a vibrant and inviting Mexican eatery known for its authentic tacos, bold flavors, and fresh ingredients. This charming 1,487 sq ft space offers a warm, welcoming atmosphere with stylish décor, dine-in seating, and an efficient service layout that keeps customers coming back.With a strong local following, several local partnerships and excellent reputation, Panchita’s has become a go-to destination for both residents and visitors seeking a true taste of Mexico. The thoughtfully designed interior, combined with a functional kitchen and service area, makes this a seamless opportunity for an owner-operator or investor looking to step into a fully operational business.Sale includes a wide range of equipment and assets, allowing for a smooth transition and continued success. Whether you’re looking to continue the existing brand or bring your own concept to life, this is an exceptional opportunity in a growing community with strong local support. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$924
Projected NOI
$13K
Annual cash flow
$2K
Cash-on-cash
2.76%
DSCR
1.15
Going-in cap
6.37%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
107,833
Households
49,653
Median income
$94,000
Median age
45.7
Daytime population
166,776
5-yr growth
4.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Morinville.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.