SALISBURY BEACH, Sea-Side Restaurant
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POPULAR MEXICAN RESTAURANT & BAR
SELLING PRICE: $265,000 DOWN PAYMENT: $100,000
SALES VOLUME: $20K/wk
LEASE: $5300k/month
YRS. LEFT: 10 +10 yrs.
SQUARE FOOTAGE: 5,000 sf.
SEATING: 300 (inside) 16 (outside)
HOURS OF OPERATION: 6 days, 11 AM to 10 PM
COMMENTS: This is one of the most popular Mexican cantinas on the North Shore.This is one of the destinations for couple after a day at the beach.
Huge walk-in traffic and a busy 3rd party delivery system guarantees another high volume and profitable year. Big active bar with strong repeat customers provides for strong sales and profit. OWNER IS ABSENTEE.
Rare opportunity to own a beach side restaurant with multiple built-in traffic drivers and significant upside potential. Competition is limited to just two fine dining restaurants, a restaurant/bar, and a few pizza and fried-food establishments.
Located directly across from a famous nightclub and just around the corner from a popular event venue, the restaurant benefits from consistent pre-event, post-event, and late-night dining traffic. Beach visitors fuel strong seasonal sales, while locals and year-round beachgoers help sustain business during the off-season.
***The town bringing growth opportunity, approximately 150 new residential units are planned for development less than 600 ft away, creating a larger year-round customer base and increasing demand for local dining options.***
A seasoned operator can unlock additional revenue by maximizing operating hours and maintaining year-round service. With a prime location, strong customer flow, limited direct competition, and future residential growth, this business is well-positioned for continued success.
SELLING PRICE: $265,000 DOWN PAYMENT: $100,000
SALES VOLUME: $20K/wk
LEASE: $5300k/month
YRS. LEFT: 10 +10 yrs.
SQUARE FOOTAGE: 5,000 sf.
SEATING: 300 (inside) 16 (outside)
HOURS OF OPERATION: 6 days, 11 AM to 10 PM
COMMENTS: This is one of the most popular Mexican cantinas on the North Shore.This is one of the destinations for couple after a day at the beach.
Huge walk-in traffic and a busy 3rd party delivery system guarantees another high volume and profitable year. Big active bar with strong repeat customers provides for strong sales and profit. OWNER IS ABSENTEE.
Rare opportunity to own a beach side restaurant with multiple built-in traffic drivers and significant upside potential. Competition is limited to just two fine dining restaurants, a restaurant/bar, and a few pizza and fried-food establishments.
Located directly across from a famous nightclub and just around the corner from a popular event venue, the restaurant benefits from consistent pre-event, post-event, and late-night dining traffic. Beach visitors fuel strong seasonal sales, while locals and year-round beachgoers help sustain business during the off-season.
***The town bringing growth opportunity, approximately 150 new residential units are planned for development less than 600 ft away, creating a larger year-round customer base and increasing demand for local dining options.***
A seasoned operator can unlock additional revenue by maximizing operating hours and maintaining year-round service. With a prime location, strong customer flow, limited direct competition, and future residential growth, this business is well-positioned for continued success.
About the Business
- Years in Operation
- 5
- Employees
- 15 (6 Full-time, 9 Part-time)
employees willing to stay on - Facilities & Assets
- all included- owner invested WAY OVER $300k into this facility and you can clearly see it. solid wood tables, huge bar, custom paintings and tiles, the kitchen is very manageable and has excellent equipment! Big walk-in.
- Market Outlook / Competition
- THIS IS THE BEST KNOWN MEXICAN RESTAURANT ON THE SEACOAST FROM RYE - SEABROOK.
This is more of a bar-cantina than restaurant. - Opportunities for Growth
- Longer hours, expand menu, plenty of room to add live entertainment, beach activities
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,200
- Rent
- $5,300 per month
- Lease Expiration
- 7/1/2033
About the Sale
- Seller Motivation
- Focusing on building a big restaurant in Aruba.
- Transition Support
- the owner knows there is so much growth coming and if you need the extra support and training, they are more than willing to be there next to you during the process.
Seller is available to train new buyer...existing staff is great.
Listing Info
- ID
- 2514520
- Listing Views
- 168
Listing ID: 2514520 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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