Somerville Burrito Taqueiria Upscale center

Somerville, MA
Middlesex County

Somerville/Boston Upscale Burrito Taqueiria


Asking Price: Annual Revenue:
$595,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Somerville Burrito Taqueiria Upscale center Broker: John Ruggieri
Owner Financing is Available!
Some Financing available.

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 74719596
Broker Reference #: jr139

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Business Overview:

LOCATION: Large Upscale Retail & Apartment Complex, SOMERVILLE

TYPE OF BUSINESS: Burrito Taqueria

SELLING PRICE: $595,000 DOWN PAYMENT: negotiable…cash preferred

SALES VOLUME: $25,000 -$28,000/week

LEASE: $11,000/month Years left: 5 years + 5 years.

SQUARE FOOTAGE: 1,450 square feet.

HOURS OF OPERATION: 7 days; 10 AM – 10 PM

SEATING: 30 seats inside 10 seats outside

Estimated Annual Net Profit:

REASON FOR SELLING: Other Projects

COMMENTS: This location is literally overbuilt…the ‘BEST’ equipment & fixtures.
Close proximity to the only MBTA in the area. THOUSANDS of offices within walking distance…only 60% occupied. HIGHLY REGARDED WITHIN THE MEXICAN COMMUNITY.
Contact John Ruggieri to see this gem.

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Property Features and Assets:

Amazingly beautiful build out that could not be duplicated for double the asking price in todays dollars.

Market Competition and Expansion:

Very large retail center with thosounds of apartments and office space that is still being addedVery large retail center with thosounds of apartments and office space that is still being added to. Also right on the T and next to a major interstate. Right next to downtown Boston to. Also right on the T and next to a major interstate. Right next to downtown Boston.

Reason for Selling:

Other interests need more attention.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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