Profitable Tacos & Tequila in Prime Location – Popular North Shore Beach Town

Profitable Tacos & Tequila in Prime Location – Popular North Shore Beach Town
Price Reduced

Must Buy!! Opportunity for this fresh, high-energy, profitable North Shore restaurant and bar steps to the ocean. The space is well laid out with a massive bar and a modern bright open dining area leading to two outdoor patios. This popular spot has enjoyed huge success with tourists and locals alike! Great staff in place with an excellent reputation for food, drinks and service. Perfect for an owner/operator looking to step right in and make money on day one, or for someone looking to expand their brand. The space is adaptable to just about any concept. Easy menu, short hours, low overhead, excellent staff in place and significant upside to increase sales and profitability. What more could you ask for?! This is a must see! The seller wants a quick sale, is reasonable, and offering excellent seller financing terms with 100k down payment to help make a deal happen!! Buyers – call for a showing of this rare must buy opportunity today!!

Property Details

Listing Price
$295,000
Listing Price (Additional Notes)
(For the Business)
Type
Full Service
Concept
Restaurant & bar
Sales
$1,000,000
Sales (Additional Notes)
Historically in the One Million Range (50% alcohol)
Cash Flow
$169,000
Location
North Shore
State
Massachusetts
County
Essex County
Square Footage
5,000
Seating
152
Seating (Additional Notes)
(including additional 32 seats on the patios)
Parking
Street and Public Lots
Base Rent
$5,200
Base Rent (Additional Notes)
(Includes NNN)
Lease Terms
6 years with one (1) ten-year option
Includes Real Estate
No
Liquor License
Yes
Licenses
Full Liquor & Entertainment Licenses
Hours
Open Daily

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