Ideal Successful Restaurant & Events Business

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$875,000 $3,700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Ideal Successful Restaurant & Events Business Broker: Todd Smith

Quick Facts

Asking Price: $875,000
Annual Revenue: $3,700,000
Net Profit: Not Disclosed
Cash Flow: $525,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 243224983
Broker Reference #: Not Disclosed

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Business Overview:

This is an Ideal Opportunity to purchase a successful Restaurant & Events Business at a Great Price. This business has multiple revenue streams, one of which is Weddings and Events. The facility has huge outdoor space that also included Two ROOFDECKS with endless potential. Other activity generators a very busy lunch and dinner crowd during the week and shift to functions & events on the weekend.

FACILITY: First-rate facility
PARKING: Local lots nearby
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:New Lease to be negotiated
BASE RENT: New Lease to be negotiated
CONCEPT: Restaurant & Event Space
SIZE: 6,500 square feet plus unlimited space for outdoor seating
SEATS: Capacity of 180 inside, 124 outside 300 on the Roof deck and 75 on the Sky Deck
HOURS: Open 7 days/week
LICENSES: Full Liquor & Entertainment License
SALES: Historical Sales of over $3.7m
CASH FLOW: $525,000 historically

ASKING PRICE: $875,000 (For the Business)

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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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