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RE:  Lively Taqueria And Bar - Somerville Contact:  Todd Smith

Quick Facts

Asking Price: $210,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 994324983
Broker Reference #: Not Disclosed

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Business Overview:

Lively Taqueria in a popular area with easy access to public transportation. This vegan-friendly restaurant serves healthier alternatives to traditional Mexican cuisine. The restaurant has a Full Bar, but they close too early to concentrate on that business with the current owner. Sales and profitability could be grown dramatically by moving to a more traditional menu and staying open later to grow the alcohol sales.

PARKING:Street parking
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:7.5 years
BASE RENT:$3,800 NNN (NNN= approx. $692/mo.)
CONCEPT:Vegan Taqueria (Huge Upside potential for a traditional Mexican restaurant)
SIZE:1,629 square feet plus full basement
SEATS:34 seats plus 12 patio seats
HOURS:11:00 AM - 9:00 PM (Hours should be extended for Bar business)
LICENSES: Full Liquor License (City-owned)
SALES:$800,000 (50% of sales is delivery & take-out)

ASKING PRICE: $210,000 (For the Business)

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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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