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  • RE:  Amesbury/Salisbury Mexican Family Style Rest. /Bar
  • Contact:  John Ruggieri

Quick Facts

Asking Price: $275,000
Annual Revenue: Not Disclosed
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 #: 603919596
Broker Reference #: JR 150

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Business Overview:

TYPE OF BUSINESS: Mexican Family Style Restaurant

LOCATION: Salisbury/Amesbury

SELLING PRICE: $275,000 DOWN PAYMENT: $100,000

SALES VOLUME: $28,000/week. % Delivery: no

LEASE: $8,539/month. (NNN Inc.) Years Left: 15 months with 2 - 5year options

SQUARE FOOTAGE: 3,000 square feet

HOURS OF OPERATION: 11am – 10 pm, 7 Days

SEATING: (inside) 96 (outside) 20

REASON FOR SELLING: Running two operations, time to slow down

COMMENTS: Cape Ann gem in a very well-kept strip mall with a major supermarket as it’s anchor. On a very heavily travelled numbered route that intersects with a major interstate. The concept is Mexican with no competition around for miles, but with very little effort it can be almost anything. Great bar that seats 15 with plenty of TV’s visible from all over. Needs to have delivery added and promote home party platters and the sky is the limit.

Absentee owners draw $100,000 per year.

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Property Features and Assets:

On a very heavily travelled numbered route that intersects with a major interstate. All of the equipment is in great shape and the layout flows very.

Market Competition and Expansion:

The concept is Mexican with no competition around for miles, but with very little effort it can be almost anything. Great bar that seats 15 with plenty of TV’s visible from all over. Needs to have delivery added and promote home party platters and the sky is the limit.

Reason for Selling:

Have other Restaurant & want to slow down.

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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