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Businesses For Sale   >>   Massachusetts Businesses For Sale

Restaurant Located In Popular Cambridge Square

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1130000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes

Description  
Prime Restaurant & Bar location situated in a popular Square in the City of Cambridge. This is a beautiful space that was completely renovated recently. It has a full liquor license and seating for 95 persons. This location is in the heart of the action and the space is ideal for most any concept. The Seller is willing to consider joint ventures. FACILITY: This is a great location with great rent and high visibility and high foot traffic and car counts. The space is approximately 3,000 square feet plus a full basement. The facility has a functional layout and the Sellers recently completed $500,000 worth of renovations. CONDITION: The building and restaurant are in excellent condition. PARKING: On-street parking EQUIPMENT: The equipment has been well maintained and is of good quality. LEASE TERM: Four (4) years and four (4) months remaining on term with one three (3) year option available. BASE RENT: $7,500 per month (which includes the triple nets) CONCEPT: Full Service Sports Bar & Restaurant SEATING: 95 seats HOURS: 11:00 AM - 12:00 AM LICENSES: Full Liquor (1:00 AM) SALES: $1,130,000 Historically (call for details) PRICE: $600,000 (For the Business) For More information please contact Corbett Restaurant Group 617-948-3394.


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