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Massachusetts Business For Sale |
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| BOSTON RESTAURANT WITH A+ LOCATION |
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| Attn: Todd Smith |
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| Boston, MA, USA |
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| Asking Price: |
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$400,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Moving |
| Year Established: |
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1988 |
| Yearly Revenues: |
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$630,000 |
| Yearly Cash Flow: |
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$125,000 |
| Yearly Net Profit: |
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$125,000 |
| Yearly Gross Income: |
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$630,000 |
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Business for Sale Overview:
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Restaurant in downtown Boston with very desirable location in a high profile and affluent neighborhood with a dense population of local residents, office workers and shoppers. This is a highly visible and accessible site with outdoor seating and tremendous growth potential.
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Property Features and Assets:
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The restaurant space is approximately 2,500 square feet with a 80 person seating capacity. The space consists of a dinning rooms, kitchen and bathrooms and a full basement. There is also outdoor seating. |
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Market Competition and Expansion:
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Licenses: Beer & Wine, Common Victualler.
Sales: The sales are approximately $630,000 annually.
Cash Flow: $125,000 annually.
Rent: The rent approximately $84,000 annually.
Lease: The current lease has five (5) years remaining with one ten (10) year renewal option; however the landlord is most likely going to want to sign a new lease. The landlord is very easy to deal with.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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