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- RE: Amesbury/Salisbury Family Style Mexican Restaurant
- Contact: John F
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 5 | |
| BBN Listing #: | 987675 | |
| Broker Reference #: | JR169 |
Business Overview:
TYPE OF BUSINESS: Mexican Family Style Restaurant
LOCATION: Salisbury/Amesbury
SELLING PRICE: $150.,000DOWN PAYMENT: $75,000
SALES VOLUME: $28K/wk.% Delivery: no
LEASE: New LeaseYRS. LEFT:
SQUARE FOOTAGE: 3,000 sf
HOURS OF OPERATION: 11am – 10 pm, 7 Days
SEATING: (inside) 96 (outside) 20
REASON FOR SELLING: Running two operations, time to slow down
COMMENTS: Located in a very well-kept strip mall with a major supermarket as it’s anchor. On a very heavily travelled numbered route that intersects with a major interstate. The concept is Mexican with no competition around for miles, but with very little effort it can be almost anything. Great bar that seats 15 with plenty of TV’s visible from all over. Needs to have delivery added and promote home party platters and the sky is the limit.
Absentee owners draw $100K per year.
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Property Features and Assets:
Very nicely designed Mexican atmosphere but with just a little paint can be almost any concept. Kitchen is very well laid out with great equipment, refrigeration and storage.
Market Competition and Expansion:
Add catering, party platters and third-party delivery
Reason for Selling:
Other projects need more attentionAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Massachusetts businesses for sale
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