Profitable Restaurant With Real Estate
Location Massachusetts,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $700000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1990
Number of Employees 10 - 19
Inventory 160000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training Training will be provided.
Reason for Sale Seller want to free up cash for another venture.
Description This is a great opportunity to acquire a profitable business with Real Estate at a great price. The restaurant for sale has a 15 plus year history of success and has been run absentee. They are selling to free up capital for another venture. The management team and employees are willing to stay on; this is a truly turnkey opportunity that will be profitable day one.
FACILITY: This is a 2,800 square foot facility with a bar/lounge area with a separate dining room. There is a finished basement with walk-in, storage and office.
CONDITION: The building and restaurant are in good condition
PARKING: Private lot with plenty of parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
CONCEPT: Mexican Restaurant and Lounge
SEATING: 90 seats (Capacity approximately 116)
HOURS: 11:30AM -11:30 PM Tuesday-Sunday
LICENSES: Full Liquor & C.V.
SALES: Approximately $700,000 per year
CASH FLOW: Approximately $160,000 per year
REAL ESTATE: .92 Acres zoned commercial Recently appraised for $875,000
AKING PRICE: $1,070,000 the Business & Real Estate
Click Here To Contact Seller
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