Legendary Eastern European Restaurant

Not Disclosed, MA
Suffolk County

Asking Price: Annual Revenue:
$329,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Legendary Eastern European Restaurant Broker: Todd Smith

Quick Facts

Asking Price: $329,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $180,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 726624983
Broker Reference #: Not Disclosed

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Business Overview:

Legendary Eastern European Restaurant with strong customer following. This location has been operating for decades. The facility is in good shape and has been converted into condos. This condo is also available for sale with the business. The Sellers are retiring after many years of success. They are willing to stay on for an easy transition.

PARKING: Street parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:10-year lease with options (If the condo is not purchased)
BASE RENT: Condo units above pay $3,000 per month – tenants at will
CONCEPT: Eastern European Food
SIZE: 850 square feet (plus full basement)
SEATS: Licensed for 18
HOURS: Open daily at 11a – weekends at 10a
LICENSES: Beer & Wine License (Valued at $125,000)
SALES: $480,000
CASH FLOW: $180,000

ASKING PRICE: $329,000 (For the Business); $799,000 (For the Real Estate) or $1,128,000 (For Biz+RE)

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Additional Details:

  • The property is owned.
  • 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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