Neighborhood Italian Restaurant North of Boston

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$275,000 $931,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Neighborhood Italian Restaurant North of Boston Broker: Todd Smith

Quick Facts

Asking Price: $275,000
Annual Revenue: $931,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 247324983
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity for this busy and popular neighborhood Italian Restaurant – long established and well-known for serving huge portions of their amazing food and drink in a friendly inviting space with a cheers type vibe. Spacious dining area with a great bar. Busy location within walking distance to the T. Perfect for an owner operator looking to step right in to this turn-key space and not miss a beat, or expand your brand into this location. Easy conversion to just about any concept. The seller is reasonable wants to retire and will entertain serious offers from qualified buyers. Call today for a confidential showing of this great restaurant.

PARKING: Plenty of Private Parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Five Years with Options
BASE RENT $5,500 (plus triple nets)
CONCEPT: Italian Restaurant
SIZE: 3,000 square feet
HOURS: Open Daily 11:30 – 9:pm
LICENSES: Full Liquor
SALES: $931,000 per year
CASH FLOW: $150,000
ASKING PRICE: $275,000 (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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