(LEE) Restaurant -Asian Harvard Square Area

Cambridge, MA

Asking Price: Annual Revenue:
$169,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: (LEE) Restaurant -Asian Harvard Square Area Broker: Ming Dong

Quick Facts

Asking Price: $169,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 996231418
Broker Reference #: Not Disclosed

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Business Overview:

This restaurant currently serving Indian food. Prior to that, the food was Italian for over 10 years. The restaurant is located on Massachusetts Avenue, the street coming into Harvard Square. This is a student area with many apartments and condos.

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Property Features and Assets:

The Store is approximately 1,600 sq. ft. The restaurant has been remodeled. Seating for 42 with additional 12-15 outdoor cafe area. Equipment (partial) list: Turbo Air 10' salad unit w/ under counter refrigeration, Southbend 6 burner stove with oven, StarMax gas grill, Magickitchen 2 basket fryer, Holbart dishwasher, Montawic 2500 ice maker, 8'x6' walk- in refrigerator, Maxum 2 door freezer, 2 grease traps, 3 bay stainless steel sink, utility sink, 15' hood with Ansil system, tables/booths and chairs for 42. FF&E of $100,000 is included in the asking price.

Reason for Selling:

Other interests.

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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