Desirable Mexican Grill Middlesex Co.

Undisclosed Address, Massachusetts
Business Opportunity for Sale
Catylist Listing ID: 30860707
Property Subtypes: Food and Beverage
Building Size (RSF): 3,200 SF
Sale Price: $349,000
Year Business Established: 2022
Gross Revenue: $1,200,000 (Annual)
Cash Flow: $125,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to Seller @ Close
Last Updated: 11/13/2023

Overview / Comments

Sleek Mexican concept in downtown area of this commuter town in Middlesex Co Ma. Currently Mexican Bar and Grill, focused on high-end cocktails and high-profit mexican food.

Placed Conveniently in a Well-Travelled area, benefits from commuter traffic as well as a favorite gathering spot for Locals. This recently Fit-up Full Service Venue has Comfortable Dine -In, an Inviting Lounge & Bar area along with Strong Carry out Business.

Experienced and professional staff of 7 with on hands ownership and seating for 105 brings a Great Dining Experience to it's clientele. . With over 1M in Revenue in first year in business, prime opportunity to continue with New owner refresh or potentially change Concept.

Goodwill, FF&E, Inventory offered @ $349,000 ––-

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner to Seperate w Partner currently in Business partnership
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 4500 mo. Lease to Own equipment built into lease. 3,200 Sq ft space, Large functional kitchen space, Central Granite Bar, Dining for 105 Ample Parking Available, 5 yr option to renew in '27
Employee/Labor Description: 5 - 7
Mgmt/Training Support Description: As Needed; 2-4 Wk Changover expected
Competition/Market Description: Not many options for Mexican in the immediate area.
Growth/Expansion Opportunities: Opportunity to increase marketing, add entertainment, trivia, Increase Prices, Add/change menu items, delivery, etc., Many !
Seller Financing Description: May Be Considered for strong offers


Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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