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Business For Sale

BOSTON RESTAURANT WITH A+ LOCATION

Attn: Todd Smith
Boston, MA, USA
Listing #: 111724983
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Asking Price: $400,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Moving
Year Established: 1988
Yearly Revenues: $630,000
Yearly Cash Flow: $125,000
Yearly Net Profit: $125,000
Yearly Gross Income: $630,000
 

Business for Sale Overview:

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.


Property Features and Assets:

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.


Market Competition and Expansion:

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.


Additional Details:

  • 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 resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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