HomeListingLively Taqueria and Bar – Somerville

Lively Taqueria and Bar – Somerville

Opportunity Details
Location: Middlesex County
State: Massachusetts
County: Middlesex County
Parking: Street parking
Lease Terms: 7.5 years
Base Rent: $3,800 NNN (NNN= approx. $692/mo.)
Seating: 34 seats plus 12 patio seats
Size: 1,629 square feet plus full basement
Hours: 11:00 AM - 9:00 PM (Hours should be extended for Bar business)
Licenses: Full Liquor License (City-owned)
Sales: $800,000 (50% of sales is delivery & take-out)
Asking Price: $249,000 (For the Business)
Concept: Taqueria (huge upside potential for a traditional Mexican restaurant)

Lively Taqueria in a popular area with easy access to public transportation. This vegan-friendly restaurant serves healthier alternatives to traditional Mexican cuisine.  The restaurant has a Full Bar, but they close too early to concentrate on that business with the current owner.  Sales and profitability could be grown dramatically by moving to a more traditional menu and staying open later to grow the alcohol sales.

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