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Quick Facts
Asking Price: | $169,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1981 | |
Employees: | Not Disclosed | |
BBN Listing #: | 171333937 | |
Broker Reference #: | BRANFORD HILL |
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Business Overview:
It isn’t often an opportunity of this caliber becomes available, established close to four decades on the Boston Post Rd with mammoth traffic count. There has been only one owner for close to 40 years main reason this exemplary opportunity has come on the market. The restaurant’s coveted location in the midst of nationals, car dealership, retail outlet and numerous large condo complexes would be good for any use. After 40 years all this place needs is a face lift and the right seasoned operator with the right concept to knock it out of the park. This is just one those special opportunities for all the reasons above and untold upside potential along with the potential of buying the property. It’s time to act now call for appointment for this must see restaurant. Co-broke with all agents
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Property Features and Assets:
4,700 classic Square feet, established decades, 100 or more celebrated banquet room seating, 75 fabled dining room seating, only $5,000 month rent, long term lease available, major AAA Boston Post Rd, huge fully equipped kitchen, tremendous upside potential, surrounded by nationals, anything would work here, ample parking.
Market Competition and Expansion:
Competition: With this location anything would flourish here Growth & Expansion: A makeover, new concept & name, with good operator will kill it here.
Reason for Selling:
Retirement
Additional Details:
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