Profitable Mexican restaurant. Owner financing

Not Disclosed, ME

Asking Price: Annual Revenue:
$110,000 $360,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Mexican restaurant. Owner financing Broker: Justin Holmes

Quick Facts

Asking Price: $110,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $86,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 654962496
Broker Reference #: 49532-211362

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Business Overview:

(This restaurant was valued at $175,000 but is being offered for only $110,000. Owner financing available!).Have you ever wanted to own your own Mexican Restaurant? After a good run, Que Rico is now closed. My former partner and I parted ways and it didn't make sense to try to stay in business together. So, we're selling a golden opportunity to run a Mexican restaurant (or feel free to switch it up!) with a well established clientele, on historic "Taco Alley" (the actual public street name) in Damariscotta. The street was named because there has been a Mexican restaurant here since the 1990s in a few different incarnations. All of the equipment is installed and ready to go. We think of the decor as "Mexican fun,”, but can be changed to your own unique approach, as well! We’re happy to offer a showing. The Landlords are amenable to a multi-year lease and have been great! Open to owner financing to allow you to spread the purchase out into several payments, to get you close to the busy summer season!

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Reason for Selling:

Other business interests.

Additional Details:

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

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