Business For Sale

Authentic Italian Experience

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$299,000 $1,730,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Authentic Italian Experience Broker: Karen Kelley
Owner Financing is Available!
Possibly some seller financing for a well qualified buyer.

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,730,000
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: $1,200,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 34
BBN Listing #: 89842849
Broker Reference #: 15502

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Business Overview:

Restaurant Middlesex County Gross $1.7m

Full Service Restaurant off major route in desirable Middlesex County.
- Owner's original investment was $1.2m+
- Beautiful space consists of 4,000 sf on first floor which features
Full Bar, Dining Room, Open Kitchen & Rest Rooms, the basement
houses offices & storage.
- Guest capacity of 130, full liquor license, and ample parking.

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Property Features and Assets:

Open kitchen style dining with Mediterranean flair. Over $1,200,000 spent on capital/leasehold improvements. Tons of off-street private parking. Beautiful bar. Private function room. Gorgeous dining room with seating for 130.

Market Competition and Expansion:

What can we say. Success speaks for itself. Great food, great service,. great ambiance and reasonable prices. Always room to add additional profit centers - catering, expand take-out, corporate functions, etc. As a friend in the industry with 3 locations once said, shave 3% from COGS and operating expenses and profitability goes up $53,000. There's room for that here - our client is tired.

Reason for Selling:

New Adventure.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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