Business For Sale

Brazilian-Italian Fusion Upscale Restaurant

Not Disclosed, MA
Essex County

Center of town


Asking Price: Annual Revenue:
$600,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Brazilian-Italian Fusion Upscale Restaurant Broker: Anthony D'Antonio
License #: B70243

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 927219596
Broker Reference #: AD0024

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Business Overview:

LOCATION: Very affluent North Shore town

SELLING PRICE: $600K DOWN PAYMENT: $300K
SALES VOLUME: $23K/wk
LEASE: $10,600 (includes NNN) (9% of sales) YRS. LEFT: 4 + 10 yr. option
SQUARE FOOTAGE: approx. 6,000 sf. footprint, with 2nd flr office, storage.
HOURS OF OPERATION: 7 days; 4 -10 pm Mon.-Fri.; 1 pm -10 pm weekends.
SEATING: 144 seats

COMMENTS: Magnificent build-out, clean, perfectly maintained. Large parking lot, fully sprinkled, and long bar add to make this a great opportunity for the right operator. Equally large adjacent vacant space available. NETS $300K PER YEAR!!!
Call Tony to tour at 781-475-0778 or ajdantonio3@gmail.com

A great menu of Brazilian and Italian selections and accompanying wine list.Very profitable business in a village type mall. This restaurant was designed with the patrons' expectations in mind. Impeccable open kitchen and dining area. Classic bar setting with piano to enhance the experience. If you want a fully turn-key, profitable business...this is it!

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Property Features and Assets:

The business is located in the center of an affluent town's mall. Plenty of parking and pleasant surroundings.This restaurant is truly 'Boston' in the suburbs without the hassles.

Market Competition and Expansion:

There is no real competition in this area for this type of concept.

Reason for Selling:

Retiring

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.

Relevant Links:

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