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 |
| 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 |
Contact
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
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