Portland Cafe For Sale
Portland, ME
| Asking Price: | $58,500 |
| Gross Revenue: | $126,127 |
| Cash Flow: | $34,557 |
| FF&E: | $29,000 |
Listing ID: 2306038Listing provided by BizBuySell
BUSINESS DESCRIPTION
Tic Tac O has been serving up delicious Mexican cuisine since 1988. Located at One City Center, this business is known for its commitment to providing fast, fresh, and homemade meals at affordable prices, with portions that leave you satisfied. The husband-and-wife team runs every aspect of the operation, dedicating 40-50 hours each week, Monday through Friday. Closed on nights, weekends, and holidays, they handle everything themselves, without additional staff.
Tic Tac O enjoys an exceptionally loyal customer base, with 95% of patrons returning and 5% new visitors. The core customer demographic includes high school students, office workers, Portland residents, and tradespeople.
DETAILED INFORMATION
Location
Portland, ME
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Conveniently located inside One City Center adjacent to Dunkin’ Donuts. This unique setting offers a spacious food court with seating for over 100, a dedicated daily porter, 24/7 security, and extensive camera surveillance.
Competition
Due to its location, Tic Tac O benefits from constant foot traffic and doesn’t require any advertising. While there are a few high-end Mexican restaurants in the area, they don’t pose significant competition, as they are generally more expensive, serve smaller portions, and have slower service compared to Tic Tac O.
Growth & Expansion
Although the current business model is profitable, there are opportunities for further growth. Extending hours to include breakfast, dinner, or both could attract more customers, and opening on weekends might help reach a new demographic.
Support & Training
2 weeks
Reason for Selling
Retiring
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