Seller's Contact Information
- RE: Newton-Needham-Rare Turnkey Restaurant-Bar
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 21 | |
| BBN Listing #: | 796519596 | |
| Broker Reference #: | BC140 |
Business Overview:
RARE-PRIME LOCATION- TURNKEY RESTAURANT-BAR
TYPE OF BUSINESS: Popular-Restaurant-Bar
LOCATION: Greater Newton- Needham area
SELLING PRICE: $450,000.00 DOWN PAYMENT’ 150,000.00
SALES VOLUME: $38-$42Kwk.
SQUARE FOOTAGE; 3,600 square feet,
HOURS OF OPERATION: 4pm-11pm -5 days ( short profitable hours.
SEATING: Inside- 99
REASON FOR SELLING: Relocating out of state.
COMMENTS: Full Liquor & entertainment licenses, located in the heart of one of the Hottest spots anywhere. Annual Personal income exceeds $150,000 pp. Cannot miss. Over 1,000 new high-end apartments/Condo’s being built to an already Heavy traffic area. This Prime location is geared for the proven restauranteur with strong draw for entertainment/jazz. Excellent lay out, large Bar w/high tops and open table seating for visible interaction. Add lottery-a social media giant-Thousands of customers at your fingertips. Hurry, this will not last-Contact Bob.
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Property Features and Assets:
Prime Location- Plenty of parking, excellent condition/great condition.
Market Competition and Expansion:
This high profile/income area can handle lots of different businesses.
Reason for Selling:
Owner has other interests.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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