Business For Sale

Westminster Area - Tex-Mex Jackpot

Not Disclosed, MA
Worcester County

15 minutes West of Leominster


Asking Price: Annual Revenue:
$475,000 $1,768,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Westminster Area - Tex-Mex Jackpot Broker: David L Horn
Owner Financing is Available!
Only $200,000 down! Owner financing $275,000! SBA financing available for qualified buyers.

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,768,000
Net Profit: $366,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 30
BBN Listing #: 765619596
Broker Reference #: Not Disclosed

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Business Overview:

• TYPE OF BUSINESS: TEX-MEX/SOUTHWEST
• LOCATION: 15 minutes West of Leominster
• SELLING PRICE: $475
• DOWN PAYMENT: $200K Down SBA Financing Available!
• SALES VOLUME: $34K/wk 1.8M/Yr!
• LEASE: $7500
• YRS. LEFT: TBD
• SQUARE FOOTAGE: 8500 ft.²
• HOURS OF OPERATION: WEEKDAYS 11:30AM–10PM, WEEKENDS 11:30AM–11PM
• SEATING: (inside 325 seats) (outside NA seats)

COMMENTS: WHAT AN OPPORTUNITY! You can own this Goldmine for only $200,000 down! 8500 ft.² and seating capacity of 325! Beautiful southwestern restaurant with delicious authentic recipes to encourage weeknight diners and a casual elegant ambience for that special day or large party celebrations. PLUS buffet dining for gotta-dash customers. There's something going on almost every night of the week with Taco Tuesday, Trivia, Ladies Night, and live bands! This restaurant is the local entertainment hub!

Free Standing Building adjacent to retail shopping, movie cineplex, major furniture stores, office parks and other great restaurants. 1/4 mile from busy highway and 1M+ cars daily. Plenty of on-site and street parking available. Owners have run successfully for 17 years! NETS OVER $360K

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Property Features and Assets:

Free Standing Building. 1/4 mile from busy highway and 1M+ cars daily. Plenty of on-site and street parking available.

Market Competition and Expansion:

Adjacent to retail shopping, movie cineplex, major furniture stores, office parks and other great restaurants.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is 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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