Business Overview:
SELLING PRICE: $ 250,0000 DOWN PAYMENT: $100,000/ owner financing.
SALES VOLUME: pre-Covid: $42,000/week …presently $17,000/week.…short hours
LEASE: $16,000/month (includes NNN) Years LEFT New lease for new owner.
SQUARE FOOTAGE: 5,700 square feet + 2,500 square feet function rm.( function room is negotiable) MARLBORO-SUDBURY area…affluent area
HOURS OF OPERATION: Closed Sunday & Monday - Tuesday thru Saturday 3-9pm .
SEATING: (inside147seats) + (100 function room.)
REASON FOR SELLING: Family wishes…
COMMENTS: Located at the intersection of two numbered highway’s…large public parking garage next door. Front of restaurant has folding exterior doors across the front for open-air dining. Prior to covid sales were 42k week/expand hours- open 7 days. Hire a sales manager for function room. Wide open. Lots of closed retail reopening in this 100,000 plus town population, & tech center. Gorgeous bar, fabulous furnishings, Turnkey. Priced to sell at 250,000 with owner financing. Open for Sunday brunch in fall- huge day of sales—advertise-small plates options./ expand your customer outreach to all customers.
This restaurant has an awesome reputation for fabulous food. Full liquor and entertainment licenses. Owner very motivated- looking to make a deal w/ qualified client.
Contact Bob.
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Property Features and Assets:
Prime high profile location / Parking garage and parking lot for parking also / Great bar area-finely appointed dining room/ Has function room/ 2 kitchens, one cooking line and one for prep.
Market Competition and Expansion:
This town is Hot/ over 100,000 people living in this high end tech town. Good operators are soaring in this market/ plenty of room for everybody.
Reason for Selling:
Personal reasons/Family.
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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