Greater Wellesley-Prime Restaurant/Bar/Patio

Wellesley, MA
Norfolk County

Prime-Turnkey-gold mine-Restaurant/Bar

Asking Price: Annual Revenue:
$495,000 $1,900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Greater Wellesley-Prime Restaurant/Bar/Patio Broker: Bob Cioffi
Owner Financing is Available!
For qualified buyer-up to 2 weeks of training also

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,900,000
Net Profit: $275,000
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 25
BBN Listing #: 478019596
Broker Reference #: Not Disclosed

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Business Overview:

TYPE OF BUSINESS: Prime- Restaurant- Bar- Patio
LOCATION: Greater Wellesley Area.
SELLING PRICE: $495,000 with $250,000 down / Owner financing.
SALES VOLUME: 1.9 million-/only nights/ lunch and brunch starting in May-sales will soar. Delivery 20%
LEASE: $13,200 mo. (NNN included) new negotiated lease.
SQUARE FOOTAGE: 3,000 square feet, Full cellar & Gorgeous patio.
SEATING: 118 seats inside & patio seats 36.

COMMENTS: Unbeatable Prime & affluent location. Restaurant is simply gorgeous, very modern, always looks and feels Brand new. Owner is a creative chef and will share all his knowledge with you.

Full staff, plenty of parking. This gem needs to be seen. Has it all and does not need anything done to it. Great pizza bar to complement their creative menu. Owner has made a ton of money, is retiring very young. Perfect for seasoned operator/chef, family. How about you? Your chance to own a fabulous restaurant with a prime location. Will not last. Contact Bob

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Property Features and Assets:

Prime downtown location/ plenty of parking/ gorgeous outside patio/Immaculate inside and out, does not need a thing.

Market Competition and Expansion:

There is nothing like this fabulous restaurant/ appeals to all ages & familys.Great pizza bar and casusl to upscale menu offerings. Expand menu-add more delivery services and take out. customers are screaming for more delivery options.

Reason for Selling:

Owner retiring young-Made big $$$$

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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