Well Known Ethnic Restaurant and Herbal Store

Not Disclosed, MA
Norfolk County


Asking Price: Annual Revenue:
$275,000 $548,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Known Ethnic Restaurant and Herbal Store Broker: Kip Hargreaves
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $548,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $325,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 3
BBN Listing #: 149062860
Broker Reference #: 12821-338574

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Business Overview:

Here is a unique business concept featuring an authentic Caribbean cuisine restaurant combined with a large assortment of fresh tropical Smoothies and a Wellness vitamin and supplements shop in one place. The business has a solid record of profitability over the years with $548,000 in gross sales for 2019 and $506,000 in 2020. Centrally located on the South Shore of Massachusetts, this business offers growth potential with easy access to Boston and surrounding communities. Price includes business, tradename, physical assets and inventory.

This business was established (27) years ago and is a sole proprietorship. The owner and staff have worked hard to create a dynamic mix of offerings including Jamaica Food, Smoothies and Wellness Products. The retail location provides clients and prospects a path through the store that showcases all the product offerings.
The owner and staff have worked hard to create a dynamic mix of offerings including Caribbean Food, Smoothies and Wellness Products. The retail location provides clients and prospects a path through the store that showcases all product offerings.

The catering side of the business has tremendous opportunities for growth. The pandemic has increased “ in-home” dining and clients re more than happy to pay for deliveries. Access to Boston is very important to service the downtown and neighboring communities. An increase in social media advertising would generate more sales.
This business is located on a Main Street, inside a strip mall, near the center of town on the South Shore. The store has approximately (1500) square feet including comfortable seating for (15) people.

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Reason for Selling:

Other

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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