Business For Sale

Great Restaurant Opportunity – Financing Available

not Disclosed, MA
Norfolk County

Asking Price: Annual Revenue:
$297,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Great Restaurant Opportunity – Financing Available Broker: Todd Smith
Owner Financing is Available!

Quick Facts

Asking Price: $297,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 285624983
Broker Reference #: Not Disclosed

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Business Overview:

Restaurant with more than 20 years of successful operation South of Boston. This highly visible location is in the center of town and has been recently renovated. The current owner is absentee and is expanding his other concept and does not have time to focus on this. Sales and profitability could be grown by an owner that is working in the business. This is ideal for an Owner/Operator. The Seller is motivated and is willing to offer financing with $100,000 down.
FACILITY: The space is approximately 3,000 square feet with a 90 person seating capacity.
PARKING: On-street and public lots (dedicated parking for the owners)
EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality.
LEASE TERM: 5 Year Lease with options available
BASE RENT: $8,000/per month
CONCEPT: Full Service Restaurant
SEATS: Seating for 90 patrons
HOURS: 11:30 AM – 10:00 PM
LICENSES: Full Liquor License
SALES: $1,500,000
CASH FLOW: $150,000
ASKING PRICE: $297,000 (For the Business) – $100,000 down payment required

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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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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