Profitable Mexican Restaurant
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $450000
Net Profit / Cash Flow $90000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Mexican Restaurant Prime Corner location on one of the busiest streets in Worcester. Lots of foot traffic from Colleges. BYOB Keep this concept or easy conversion to Thai, Italian, Indian, or Fast food Absentee owner wants Offers.
FACILITY: This facility is 2,500 s/f with seating for 145 patrons.
CONDITION: The furniture, fixtures and equipment are in good condition.
PARKING: There is plenty of parking
EQUIPMENT: The equipment has been very well maintained and is of good quality.
LEASE TERM: Two (2) years remaining on the lease with one (1) five year option
BASE RENT: $2,600 per month (This includes the triple nets)
CONCEPT: Mexican Restaurant
SEATING: 145 seats
HOURS: 5:00 PM - 11:00 PM Tues - Friday 11:30AM - 11:00 PM Sat - Sun
LICENSES: BYOB
SALES: Approximately $450,000
CASH FLOW: Approximately $90,000
PRICE: $90,000 (Some financing may be available for Qualified Buyers)
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