NEWTON-BROOKLINE- Breakf-Lunch- was doing $25K/wk

Not Disclosed, MA
Middlesex County

Busy High income Suburb of Boston

Asking Price: Annual Revenue:
$400,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: NEWTON-BROOKLINE- Breakf-Lunch- was doing $25K/wk Broker: Marie
Owner Financing is Available!
Owner will finance $200,000 for a seasoned operator

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,300,000
Net Profit: $225,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 24
BBN Listing #: 481419596
Broker Reference #: Not Disclosed

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Business Overview:

Listing Information
TYPE OF BUSINESS: American Upscale Diner w/ Liquor License
LOCATION: Newton/Wellesley Area-Win-Win Location.
Corner spot with plenty of foot traffic & parking lot.

SELLING PRICE: $400,000 Down Payment: $200K den......MAKE AN OFFER, you may be surprised
SALES VOLUME: Ave. $24,000 - $26,000 Delivery& Catering: Yes

LEASE: $5,953 per Month + NNN $1,500. (Wow! Rent Ratio less 7%) Years LEFT: 2 (Landlord will Negotiate Contract Options-probably 5+5)

SQUARE FOOTAGE: 1,881 square feet

HOURS OF OPERATION: Monday - Wednesday 7 a.m.-3 p.m. Thursday -Saturday 7 a.m.-9. p.m. Sunday 7a.m.-3 p.m.
SEATING: 59 (currently uses 52 seats) (outside potential 8 seats)

COMMENTS: YOUR DREAM BUSINESS! Located in one of the most prestigious areas in the country. Steady sales since 2011. This very busy diner serves upscale, comfort food for breakfast, lunch and dinner in a retro style setting. Owner says rent can be made in ONE DAY during weekend and plenty of upside-room to build business higher! A full time, working owner will significantly reduce payroll cost/expenses. Increasing hours, focusing on liquor sales and a full liquor license and/or building up a catering/takeout business will increase sales/profit significantly. City is widening sidewalks and more apartments are being added behind the diner! NDA Required

Please call, text or email Marie if you have serious interest.

All information is furnished by seller. Broker doesn’t certify or warrant this information.
Marie 978-902=0350

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Property Features and Assets:

Clean, up to code, equipment in very good condition, some fairly new, small parking lot in back plus street parking..

Market Competition and Expansion:

Strong economics in this area, very POPULAR and well known,STEADY SALES since opening, foot traffic and traffic, corner location SALE STRONG , open for breakfast and lunch 7 days a week, evening hours cut to 3 days a week due to other obligations of owner, TREMENDOUS UPSIDE and ROOM for EXPANSION:Increase dinner to 7 days (sales were significantly higher then), full liquor license, build up catering, and more apartments going up right there.

Reason for Selling:

New job opportunity with less hours.

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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