Fully Built-Out Mexican Restaurant with Real Estate in Salem, MA

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Financial Details

Asking Price:
$2,500,000
Annual Revenue:
$1,800,000
Cash Flow / SDE:
$1,800,000
Profit Metric:
Gross Revenue
Valuation Multiple:
1.4x
Location:
Salem, MA, US
Source:
Date:
September 15, 2025

Key Highlights

Prime downtown Salem MA location with historic charm and outdoor seating.
Fully built-out Mexican restaurant including real estate, FFE, and liquor license.
High historical sales of over $1.8M, offering a strong revenue base.

Description

This listing presents a fully built-out Mexican restaurant situated in a prime downtown Salem, Massachusetts location. The sale includes the real estate, leasehold improvements, furniture, fixtures, and equipment (FFE), making it a turnkey opportunity. The property boasts significant interior seating capacity for approximately 300 guests and an additional 50 seats on its outdoor patio. It holds a Full Liquor License and has a history of strong financial performance, with historical sales exceeding $1,800,000. The equipment is noted to be in excellent, well-maintained condition. This offering provides a compelling chance to acquire a substantial restaurant operation in a historic and desirable market.

Industry Information

Industry Description:
Restaurant Property
Classification:
Restaurants & Food

Real Estate & Lease

Status:
Included

Assets & Inventory

Includes FF&E:
Yes

Broker Contact

Name:
Todd Smith
Company:
Corbett Restaurant Group
Phone:
781-609-3810

Listing Details

Listing ID:
60b37e02-de99-470b-9650-8c3ab676797b
Source Listing ID:
2151209
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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