Catylist ID: #30860707
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|
|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|
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 @ $349,000 ––-
|Reason for Selling:||Owner to Seperate w Partner currently in Business partnership|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$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|
Jay DelMonteRE/MAX Innovative Properties
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