Fast/Casual Restaurant - Great Rent

Waltham, MA
Middlesex County

Asking Price: Annual Revenue:
$197,000 $576,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fast/Casual Restaurant - Great Rent Broker: Todd Smith

Quick Facts

Asking Price: $197,000
Annual Revenue: $576,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 727924983
Broker Reference #: Not Disclosed

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Business Overview:

Fast/Casual restaurant with Great Rent and Cool Artistic design & feel. Over $900,000 was spent on the build-out and equipment. This is a great rent way below market in the heart of the action on Moody St. The space is ideal for QSR or small full-service restaurant. The space is vented but it does not have full exhaust venting at this time.

FACILITY: Fully Renovated restaurant
PARKING: Street parking – parking lot nearby
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:2 years remaining with options
BASE RENT: $2,500 /month
CONCEPT: Fast Casual/Fried Chicken Restaurant
SIZE: 1,200 square feet with 1,000 square feet basement
SEATS: 30 seats (plus outdoor seating)
HOURS: Currently Closed
LICENSES: Beer, Wine & Cordial License (1am)
SALES: When opened, around 48,000/month.

Some Financing Available to 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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