Great Full Service Restaurant - Davis Square

Somerville, MA
Middlesex County

Asking Price: Annual Revenue:
$249,000 $720,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Great Full Service Restaurant - Davis Square Broker: Todd Smith
Owner Financing is Available!
Some Seller Financing Available for Qualified Buyers.

Quick Facts

Asking Price: $249,000
Annual Revenue: $720,000
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 #: 399624983
Broker Reference #: Not Disclosed

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Business Overview:

Great Full Service Restaurant in Davis Square. This is a strong site with great foot traffic, excellent visibility and dense population. The location is in the middle of the action and can be easily converted to many other fast casual concepts. The site includes a Brick & Beam look, full kitchen and a Beer & Wine license. That license could also be upgraded to Full Liquor with Somerville for free.

FACILITY: Newly build-out restaurant. High ceilings with a brick & beam look
PARKING: Street parking & local city lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:3 years with two (2) five-year options
BASE RENT: $11,000 Gross (includes the triple nets)
CONCEPT: Asian Bar & Restaurant
SIZE: 2,500 square feet
SEATS: 60 seats
HOURS: Open Tues-Sun for lunch & dinner; Closed Mondays
LICENSES: City Owned Beer & Wine License (can be upgraded to Full Liquor)
SALES: $720,000 per year

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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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