Outstanding Restaurant and Bar Just West of Boston

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$1,099,000 $1,700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Outstanding Restaurant and Bar Just West of Boston Broker: Seller of Business

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $310,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 349524983
Broker Reference #: Not Disclosed

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Business Overview:

Rare opportunity to buy the Real Estate along with the long established high-volume restaurant and bar in a sought-after area just west of Boston. Family owned and operated for over thirty years, seating for 125 Beautiful Lounge is extremely popular with a great clientele. Sales are in the 1.7M to 1.8M range and continue to grow, as this area has seen an explosion in new residences. Top notch location close to the T and in the center of the business district with lots of luxury housing being developed. Perfect for a chef owner operator or expanding your brand into this sought-after area. The valuable real estate makes this no brainer a bankable deal!

LEASE TERM: Real estate is included with the sale
BASE RENT: $50,024 annually
CONCEPT: Italian American Restaurant and Bar
SEATING: 125 seats SIZE: 3,500 Square Feet
Hours: Open Daily at 11:30am
LICENSES: Full Liquor and Entertainment Licenses

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Property Features and Assets:

FACILITY: Excellent free standing two-story brick building PARKING: Street and public lot next door EQUIPMENT: The equipment is in good condition and has been well maintained

Additional Details:

  • The property is owned.
  • The owner is not 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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