Long Time Successful Neighborhood Restaurant

Not Disclosed, MA
Middlesex County


Asking Price: Annual Revenue:
$395,000 $1,278,551

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Long Time Successful Neighborhood Restaurant Broker: Todd Smith
Owner Financing is Available!
Some Financing Available for Qualified Buyers

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,278,551
Net Profit: Not Disclosed
Cash Flow: $149,378
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 657824983
Broker Reference #: Not Disclosed

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Business Overview:

Long time successful restaurant available. This strong location is an ideal neighborhood restaurant & bar that boasts a vibrant, casual elegance in both the food and atmosphere. Offing classic Italian dishes, the highest quality produce and the freshest of fish and meats. This site includes excellent parking and has a beautiful private 50 seat patio that is very busy in the warmer weather. This restaurant could be run as is or changed to almost any concept.

PARKING: Street parking & local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:10 years – Real Estate may be available for purchase
BASE RENT: $70,000 NNN
CONCEPT: Italian Restaurant
SIZE: 4,070 plus full basement and large patio
SEATS: 119 seats inside (50 seats on the outdoor patio)
HOURS: Open Tuesday-Saturday for Lunch and Dinner; Open Sunday for Dinner
LICENSES: Full Liquor License ($150,000 value)
SALES: $1,278,551 per year
CASH FLOW: $149,378 per year

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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