Excellent Italian Restaurant Just North of Boston

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$167,000 $425,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Excellent Italian Restaurant Just North of Boston Broker: Todd Smith

Quick Facts

Asking Price: $167,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 681824983
Broker Reference #: Not Disclosed

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Business Overview:

Busy Main street location in a highly sought-after area. Excellent opportunity for an owner operator looking for a turn-key space with huge upside, the business is well-known and has an excellent reputation for its amazing food. Easy to operate, short hours, low overhead and great lease terms. The space is adaptable to just about any concept. Sellers want a quick sale and will entertain reasonable offers from qualified buyers. Call today to schedule a private showing.

PARKING: Street Parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained
LEASE TERM: Three Years with Two Five Year Options
BASE RENT $3,000
CONCEPT: Italian Dinner Restaurant
SIZE: 1,500 square feet
HOURS: Open Tuesday – Sunday 5:00pm – 9:00pm
LICENSES: Beer & Wine
SALES: $425,000 per year
CASH FLOW: $100,000
ASKING PRICE: $167,000 (For the Business)

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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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