Amesbury/Salisbury Mexican Restaurant
Business Description
TYPE OF BUSINESS: Mexican Family Style Restaurant
LOCATION: Salisbury/Amesbury
SELLING PRICE: $125,000 DOWN PAYMENT: $50,000
SALES VOLUME: $28K/wk. % Delivery: no
LEASE: New Lease YRS. LEFT:
SQUARE FOOTAGE: 3,000 sf
HOURS OF OPERATION: 11am – 10 pm, 7 Days
SEATING: (inside) 96 (outside) 20
REASON FOR SELLING: Running two operations, time to slow down
COMMENTS: Located 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 $100K per year.
LOCATION: Salisbury/Amesbury
SELLING PRICE: $125,000 DOWN PAYMENT: $50,000
SALES VOLUME: $28K/wk. % Delivery: no
LEASE: New Lease YRS. LEFT:
SQUARE FOOTAGE: 3,000 sf
HOURS OF OPERATION: 11am – 10 pm, 7 Days
SEATING: (inside) 96 (outside) 20
REASON FOR SELLING: Running two operations, time to slow down
COMMENTS: Located 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 $100K per year.
About the Business
- Years in Operation
- 6
- Number of Employees
- 10
- Currently Relocatable
- Yes
- Facilities & Assets
- Very nicely designed Mexican atmosphere but with just a little paint can be almost any concept. Kitchen is very well laid out with great equipment, refrigeration and storage.
- Market Outlook / Competition
- None in the area for miles
- Opportunities for Growth
- Add catering, party platters and third-party delivery
About the Sale
- Seller Motivation
- Owns another restaurant and wants to slow down.
- Transition Support
- As needed
- Financing Options
- $ 75,000 down w/bal. at 6% for 3 years
Listing Info
- ID
- 2343156
- Listing Views
- 1032
Attached DocumentsAttachment Disclaimer
Listing ID: 2343156 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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