Business Overview:
Very profitable Asian Restaurant & Bar. This is a rare opportunity in a high-profile location just North of Boston. This business has several years of success and will qualify for bank financing. This space is well built-out and very attractive. The Sellers are retiring.
FACILITY: The facility is in Excellent condition and has been well maintained
PARKING: Plenty of dedicated Plaza parking & private employees parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:Term 10 years with options
BASE RENT: $6,800 NNN (NNN= $3000/month)
CONCEPT: Japanese Restaurant & Bar
SIZE: 4,884 square feet
SEATS: Capacity of 140
HOURS: Open 6 days/week
LICENSES: Full Liquor License
SALES: $1,900,000 per year
CASH FLOW: $616,000 per year
ASKING PRICE: $1,690,000 (For the Business) – Financing Available for Qualified Buyers.
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Additional Details:
- The property is leased.
- The owner is not 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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