Profitable Tacos & Tequila in Prime Location - Popular North Shore Beach Town - Corbett Business Sales & Acquisitions
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Property Details
Location: North Shore
State: Massachusetts
County: Essex County
Parking: Street and Public Lots
Lease Terms: 6 years with one (1) ten-year option
Base Rent: $5,200 (Includes NNN)
Seating: 120 seats additional 32 seats on the patios
Size: 5,000 square feet
Hours: Open Daily
Licenses: Full Liquor & Entertainment Licenses
Cash Flow: $169,000
Sales: Historically in the One Million Range (50% alcohol)
Asking Price: $295,000 (For the Business)
Concept: Restaurant & Bar

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

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!!

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