Seller's Contact Information
- RE: Established, Profitable Restaurant West Of Boston
- Contact: Todd Smith
Quick Facts
| Asking Price: | $850,000 | |
| Annual Revenue: | $1,900,000 | |
| 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 #: | 453924983 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Enjoy the freshly made, home-style meals at this gem with strong repeat clientele. With a commitment to providing outstanding service and great food, you can be sure that you'll never be disappointed. This restaurant has maintained the high standards that the business was built on, and with a refreshed menu, continues to make their own soups and sauces, as well as cut steaks. Come in and enjoy casual atmosphere, plentiful portions, and most importantly, fantastic food. Full bar and a warm ambiance serving freshest steak, seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in this market.
PARKING: Huge parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: 10-year lease with one 5-year option (4 years remaining)
BASE RENT: $8,300 NNN ($11,200 per month)
CONCEPT: American cuisine
SEATING: 135 persons (40 at bar)
SIZE: 4,000 square feet
HOURS: Open from 11:30 AM – close (12.00AM) 6 days, closed Monday
LICENSES: Full Liquor License
SALES: $1.9M in 2018
ASKING PRICE: $850,000 (For the Assets of the Business)
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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