Great Neighborhood Restaurant

Cambridge, MA
Middlesex County

Asking Price: Annual Revenue:
$325,000 $820,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Great Neighborhood Restaurant Broker: Todd Smith

Quick Facts

Asking Price: $325,000
Annual Revenue: $820,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 103024983
Broker Reference #: Not Disclosed

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Business Overview:

Great full service neighborhood restaurant in a very desirable section of Cambridge. This site is ideal for a chef or owner/operator that can run the front of the house. There is a ton of built in business just in the local neighborhood with very little competition and a great low rent. The space is easily converted to many concepts and offers free parking. Add a bar and get a free full liquor license from the city to double the sales. The possibilities are numerous!

FACILITY: The layout and design is functional and easily converted to other concepts
PARKING: Free street parking
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM:3 years- longer lease available
BASE RENT: $6,300 per month (that includes the triple nets)
CONCEPT: Neighborhood restaurant
SIZE: 2,700 square feet (plus full basement)
SEATS: Seats 80
HOURS: Lunch & Dinner daily
LICENSES: Beer & Wine (no value license but you can reapply for free)
SALES: $820,000; historically $900,000 (due to construction)

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Additional Details:

  • The property is leased.
  • 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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