Turnkey Second Gen Restaurant

Asking Price$750,000

Cash Flow

EBITDA$102,000

Gross Revenue$2,447,902

InventoryNot Disclosed

FF&ENot Disclosed

Entrance
Exterior
Bar
Kitchen
Entrance
Exterior
Save1/4

Turnkey Second Gen Restaurant


Asking Price$750,000

Cash Flow

EBITDA$102,000

Gross Revenue$2,447,902

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Established, full-service Mexican restaurant operating from a freestanding pad site at 1088 N Colony Road directly on Wallingford's busiest retail corridor, with visibility to 20,000+ vehicles per day and immediate access to I-91 and Route 15.
The business occupies a ±5,548 SF second-generation Mexican restaurant build-out with full commercial kitchen, bar, and dining room, ±35 dedicated parking spaces, and a transferable full liquor license. The restaurant generates over $2.4M in annual revenue with an experienced staff in place, and sits in a trade area anchored by Choate Rosemary Hall, Gaylord Specialty Healthcare, Masonicare, Amphenol, and a deep base of 114,000+ residents within five miles. This is a rare opportunity to acquire a turnkey, revenue-producing restaurant on one of central Connecticut's most trafficked commercial corridors with the infrastructure, staff, and cash flow already in place. Offered business-only. Real estate not included.
About the Business
Years in Operation
4
Facilities & Assets
Freestanding, single-story brick building on a dedicated 0.127-acre pad at the front of the Meetinghouse Brook shopping center fronting directly on N Colony Road (Route 5) with a full-panel presence on the center's pylon sign.Park for ~40 cars.
Website
https://vidamexicanatogo.com/
Market Outlook / Competition
Vida Mexicana operates in the full-service, sit-down Mexican dining category — a distinct segment from the fast-casual and taqueria concepts that dominate the local market. Most Mexican operators in Wallingford fall into one of two adjacent categories: fast casual (Chipotle, Moe's, Pancheros, Taco Bell) or authentic taquerias (Taqueria Mexico, Cositas Ricas, Rivas, Molcajete, and others). Both serve different dayparts, ticket sizes, and occasions. Vida Mexicana is one of a small number of full-service, full-bar Mexican destinations in the trade area — and the only one occupying a freestanding pad site on the N Colony Road retail corridor.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,548
Rent
$11,065.00 per month
Listing Info
ID
2497483
Listing Views
17
Business Location

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Business Listed by: Kyle Inserra

Listing ID: 2497483 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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