Dedham-Landmark Gorgeous Italian Restaurant-$275K

Dedham, MA
Norfolk County

rt 1 south greater area

Asking Price: Annual Revenue:
$275,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Dedham-Landmark Gorgeous Italian Restaurant-$275K Broker: Bob Cioffi
Owner Financing is Available!
yes for qualified Buyer,

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 25
BBN Listing #: 87619596
Broker Reference #: BC105

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Business Overview:

Prime Location, Free Standing Italian Restaurant
Price: $2755k w/$100 dn ( priced to sell, well below Market value) New Lower price!
Sales Volume: $1,000,000 strong.Price-$325k w/100k down
Square Footage:7,500 square feet.
Hours of Operation: 7 days..4 to 10pm/ Closed for Lunch.
Seating: inside 235 (Function room seats 80...ROOM TO EXPAND TO 125)
Excellent condition, plenty of parking, terrific visibility and access.
Great bar (seats 20) with comfortable lounge area.
Finely appointed flexible dining room with beautiful murals.
True turnkey operation, has 2 kitchens, one for functions.
Great opportunity for a seasoned operator, chef-owner or family.
Underutilized function room, lots of hotels and a very high profile area.
Add social media, event nights, advertise go after a huge catering business.
Can be whatever your style or perfect as is.
Owner retiring after 15 successful years.
Contact Bob. Will Not last.

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Property Features and Assets:

Prime location, High Visibility, Free Standing Bldg. and True Turn Key. Excellent condition/ has 2 kitchens. Great Bar and flexibility in dining room and bar. FUNCTION ROOM CAN EASILY BE EXPANDED TO 125 SEATS.

Market Competition and Expansion:

Very busy area, lots of business for everyone.

Reason for Selling:

Owner retiring.

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.

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