Long-Standing American Bar/Restaurant in Cambridge

Cambridge, MA
Middlesex County

Asking Price: Annual Revenue:
$775,000 $1,950,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Long-Standing American Bar/Restaurant in Cambridge Broker: Todd Smith
Owner Financing is Available!
Some Seller Financing Available to Qualified Buyers.

Quick Facts

Asking Price: $775,000
Annual Revenue: $1,950,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 713224983
Broker Reference #: Not Disclosed

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Business Overview:

Long-standing American Bar & Restaurant located in Cambridge. This restaurant is in great condition, has a classic look and feel with a top of line build-out, design and equipmet package. The restaurant boasts a Full Liquor License, Outdoor seating, very competitive rent and in turnkey condition.

FACILITY: The facility is in excellent condition with a classic timeless look and feel
PARKING: Street parking & local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:New 10-year lease
BASE RENT: $9,000/month plus NNN /$1,500/ month
CONCEPT: Sophisticated American Bar & Restaurant
SIZE: 3,000 square feet plus full basement
SEATS: Capacity of 114 plus 16 seats outside
HOURS: Open weekdays 5pm-late & weekends 10am-late
LICENSES: Full Liquor License & Full Entertainment Licenses
SALES: $1,950,000 per year – historical sales approach $3M
CASH FLOW: $250,000 (Seller’s Discretionary Earnings)

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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