Restaurant in Desirable Neighborhood

Not Disclosed, MA
Middlesex County


Asking Price: Annual Revenue:
$997,000 $3,120,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant in Desirable Neighborhood Broker: Todd Smith

Quick Facts

Asking Price: $997,000
Annual Revenue: $3,120,000
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 #: 496624983
Broker Reference #: Not Disclosed

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Business Overview:

Top-notch Restaurant located in a very desirable neighborhood. The state-of-the-art design and layout is unparalleled. A “chef’s dream kitchen” handles any culinary challenge including wood fired grills and ovens. All furniture, fixtures, and equipment are virtually brand new.
The rectangular bar area boasts chic atmosphere for a sophisticated customer. The dining room seats 150, plus an intimate private dining room that seats 60, outdoor patio seating. This one is a must see!!

FACILITY: Well-maintained facility with an excellent tenant mix
PARKING: Parking for 100 cars
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:8 years remaining with options
BASE RENT: $40.25/square feet includes NNN
CONCEPT: Italian Restaurant
SIZE: 6,700 square feet on 1st floor and 800 square feet mezzanine for office/storage space
SEATS: 200-person capacity
HOURS: Temporarily Closed
LICENSES: Full Liquor License (12am)
SALES: Historically $60,000 per week

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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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