Listing Number: 49532-211362
Description
(This restaurant was valued at $175,000 but you are in the position to make an offer! Owner financing available!). Have you ever wanted to own your own Mexican Restaurant? After a good run, Que Rico is now closed. My former partner and I parted ways and it didn't make sense to try to stay in business together. So, we're selling a golden opportunity to run a Mexican restaurant (or feel free to switch it up!) with a well established clientele, on historic "Taco Alley" (the actual public street name) in Damariscotta. The street was named because there has been a Mexican restaurant here since the 1990s in a few different incarnations. This is a desirable and unique restaurant location. Set in the heart of quaint downtown Damariscotta, between Main Street and the beautiful Damariscotta River. Perfect for offering food to go, as well as allowing for some indoor seating, and the picnic tables and benches by the river offer customers wonderful outdoor seating. You have the opportunity to snatch it up and give it a fresh start before the upcoming crazy busy tourist season! So many people are watching and waiting to support whoever grabs hold of this opportunity! All of the equipment is installed and ready to go. We think of the decor as "Mexican fun,”, but can be changed to your own unique approach, as well! We’re happy to offer a showing. The Landlords are amenable to a multi-year lease and have been great! Open to owner financing to allow you to spread the purchase out into several payments, to get you close to the busy summer season!
Listing Details
- Price: $ 65,000
- Down Payment: $25,000
- Sellers Discretionary Earnings: $ 86,000
- Total Sales: $ 360,000
- Location: Maine
- Inventory: $ 0
- FF&E: $ 0
- Employees:
- Year Established: 2019
- Reason for Selling: Other Business Venture
- Category: Restaurants
