Seller's Contact Information
- RE: Wayland-TurnkeyUpscale Mexican Restaurant.
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $595,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 18 | |
| BBN Listing #: | 869619596 | |
| Broker Reference #: | BC51 |
Business Overview:
TYPE OF BUSINESS: BEAUTIFUL, UPSCALE MEXICIAN RESTAURANT.
LOCATION: Greater Wayland-Concord- Sudbury Area.
SELLING PRICE: $595,000 DOWN PAYMENT: Only- $195,000 - Owner financing,
SALES VOLUME: $30,000 week.…. Short hours.
LEASE: $8,500/month. Years LEFT: 1 5 5
SQUARE FOOTAGE: 5,000 square feet-downstairs—5,000 upstairs plus outside deck off function room. (Seats 75) Additionally downstairs outside patio seats 60
HOURS OF OPERATION: 5 days…4-9 / no lunch-short hours. (only open 30 hours/week.)
SEATING: (inside 68 seats 1st fl. / great bar/ 2nd fl. Function rm. 75 seats.
Deck on 2nd floor with 20 seats with comfortable couches/ Main Floor Patio 60 seats.
COMMENTS: Turnkey immaculate Mexican with all the add on’s. Located in an affluent area, the “Talk of the Town” w/ plenty of options. Large outside patio-plus a 2nd floor deck w/ comfortable seating and big bar. Huge cellar. Great food, service & drinks. This is the place to be without question. Open for lunch. Add a very profitable Sunday brunch- Push functions. Add delivery& social media. This is easily a 2-to-3-million-dollar location. Contact Bob - This will not last, a rare find. Please use email reply button of this ad to contact us.
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Property Features and Assets:
Prime Location/ major state numbered highway.. beautiful outside patio seats 60 / 2 gorgeous bars- 2 function rooms on second level with a outside deck complete with couches and chairs. Absolute turnkey.Affulent town. The place to be. Why not you?
Market Competition and Expansion:
Limited competion-absolutely nothing like this gorgeous facility/ have to see to appreciate.Can expand hours, re-open the popular sunday brunch, more functions. This restautamt has all the flexibility that one needs.
Reason for Selling:
Owner has other businesses.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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