Upscale Restaurant with Full Bar and Function Room

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$450,000 $1,399,572

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Upscale Restaurant with Full Bar and Function Room Broker: David Ross

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,399,572
Net Profit: Not Disclosed
Cash Flow: $155,704
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: Not Disclosed
BBN Listing #: 287149435
Broker Reference #: 80041-497933

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Business Overview:

Exciting opportunity to own an established Italian Restaurant with over 15 plus years of repeat customers and an excellent reputation. This restaurant is located in an active plaza with 20 plus other businesses and offering ample parking. They offer quality homemade food in a cozy family friendly restaurant that seats more than 150 customers. The restaurant has a fully functional bar and function hall. You can eat in, take out, have an event catered, or host an event at the restaurant. This is an opportunity to own a restaurant on day 1 that yields $1.4 million annually in revenue. We have so much more information to share, contact us today. Please use email reply button of this ad to contact us.

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Property Features and Assets:

The restaurant has continued to succeed and grow revenue each year by focusing on maintaining a stellar menu that has become a community favorite for 20 plus years!

Market Competition and Expansion:

The restaurant is located in a new area of town with new office buildings and homes. Additional growth opportunities include but are not limited to:open 7 days a week, offer offsite catering, and additional marketing.

Reason for Selling:

Other opportunity.

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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