Boston Cafe / Restaurant High Visibility
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $45000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 4 - 5
Inventory 50000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Moving to the Mid Atlantic.
Description This Caf‚/Restaurant enjoys very high traffic counts and heavy foot traffic. This busy location is doing $7,500 in sales per week and is surrounded by businesses, schools, students & residences and is highly visible. The space has been recently renovated with a new kitchen and is very nicely built-out. The space is very functional and could be utilized for many concepts.
Facility: the space has been very nicely built-out. This storefront location is approximately 1,700 sf. And consists of a full service kitchen, dinning room and bathroom. The space is good for many concepts.
Condition: the restaurant is in good condition and the equipment is a good quality and has been well maintained.
Parking: street parking.
Concept: indian restaurant.
Seating: there is seating for 40 patrons inside.
Hours: 11:00 pm - 11:00 pm.
Licenses: common Victullars.
Sales: approximately $300,000 per year.
Rent: the rent $1,850 plus nnn.
Lease term: nine (9) years remaining on the lease. The landlord may be willing to extend or add options.
Reason for sale: moving to mid-Atlantic.
Opportunity: strong location that could be converted fairly easily to almost any concept. Perfect opportunity for an owner/operator.
Asking price: $140,000 (or best offer).
For more information please email or call Corbett Restaurant Group 617-948-3394.
Click Here To Contact Seller
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