Seller's Contact Information
- RE: Boston Restaurant Site & Development Opportunity
- Contact: Todd Smith
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 394824983 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Prime Restaurant Site & Development Opportunity in a Booming Boston neighborhood. This is an ideal real estate play in a rare location. The City of Boston wants to keep the store front and add residential units in on the floors above. The gem has frontage and access on two busy streets with huge development opportunity for almost any Concept. You can add 4 stories by right, but the city will most likely approve 5-7 stories. There is also the possibility of assembly neighboring properties.
LOT SIZE:7,501 square feet Lot (combination of two lots attached)
PARKING:Street parking out and private lot in the rear
EQUIPMENT:The equipment is in good condition and has been well maintained.
LEASE TERM:Real Estate is included in the sale
BASE RENT:Real Estate is included in the sale
CONCEPT:Breakfast & Lunch Restaurant
REAL ESTATE:Building & Real Estate are valued at $2.55MM and $400,000 for the business
SEATS:110 seats
HOURS:Open daily 530a-130p
LICENSES:C.V. (The City may issue a free license from the city at this site.)
SALES:$800,000 per year
CASH FLOW:$200,000 per year
ASKING PRICE: $2,500,000 For the Business and Property.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Here are some of the similar listings you can choose from
Hill Country Income Producing Commercial Property
Long Established. 50 Acres with Highway Frontage. Plenty of Room for Expansion. Fast Growing Area. Asking Price Includes Business, Real Estate, Furniture, Fixtures and Equipment.
(LEE) Laundromat w/Real Estate & Income Property
This is an opportunity to own a established laundromat with income property in Middlesex County.The size of the laundromat is 1,600 s.f. with additional rental space of 1,600 s.f currently occupied on the second floor by a hair salon.
22 m/l acres off the Interstate 80-200K an acre
Exit 225 prime commercial land located right off Interstate 80. 22 acres m/l @ $200,000 an acre. Seller is willing to subdivide. Perfect for a Hotel, etc...(first 13 m/l acres including BP C-store are sale pending). This property has a Lagoon System.