The Boston Restaurant Group, Inc offers, for your consideration, information regarding the availability of the former Bueno Malo in Andover, Massachusetts. Located downtown in the Andover Village Square, the restaurant was recently renovated in 2024. Other restaurants in the plaza include: Autograph, Uburger, Dunkin Donuts and D’Agostino’s Delicatessen. This was a casual taco restaurant and expanded into a neighboring space in 2023 to create two connected dining rooms.

NAME: Former Bueno Malo
ADDRESS: 93 Main Street, Andover Massachusetts 01810
SPACE: The restaurant space is approximately 4,196 square feet, which features a dining area, a bar, kitchen, prep area and restrooms. There is also an office space and storage room, approximately 1,150 square feet, located on the second floor. There is no basement.
PARKING: There is ample on-street parking and a municipal parking lot next door.
SEATING: The restaurant is licensed for 120 patrons, plus outdoor seating for 50 patrons.
CONCEPT: A neighborhood restaurant
LICENSES: There was a Full Liquor License. The license will need to be applied for.
HOURS: Currently closed. The restaurant was open for Lunch and Dinner.
CONDITION: The restaurant was extensively renovated in 2022. The improvements, fixtures and equipment appear to have been well maintained.
SALES: Currently closed.
RENT: The base rent for the restaurant space is $30 psf., $10,490 mo., NNN / $125,880 annual, NNN.
The base rent for the office/storage area is $23 psf., $2,204 mo. / $26,450 annual (all in).
LEASE TERM: The landlord is open to negotiating a long-term lease.
PRICE: The asking price for assets of the business is $80,000.
COMMENT: A great opportunity for a working owner/operator or restaurateur looking to expand into the Andover market.

Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.