Profitable South Shore Diner
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $260000
Net Profit / Cash Flow $65000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 4 - 5
Inventory 50000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Training will be provided.
Reason for Sale Other interests.
Description This is a great opportunity; located near the heart of downtown this site sees high traffic counts and enjoys good visibility. The restaurant for sale is currently run by an absentee owner, an owner/operator would see a significant increase to the bottom line if they worked there themselves. They also have the ability to be open until 2:00 am on the weekends; this is like an entirely separate business that would add significantly to gross sales and profitability.
Location: situated near the heart of downtown local shops and businesses make the area busy ad to potential customer base.
Facility: the facility consists of a functional layout with a dinning, counter service, larger kitchen and bathrooms.
Condition: the restaurant is in good condition.
Parking: there is a lot in front of the restaurant and plenty of off street parking.
Concept: diner concept.
Capacity: the capacity of the facility 49 persons.
Size: 1,300 square feet.
Licenses: common Victullars.
Rent: $1,650 per month plus nnn.
Lease: five (5) years remaining additional options are available.
Sales: approximately $260,000 per year.
Cash flow: approximately $65,000 per year.
Asking price: $159,000.
For more information please email or call Corbett Restaurant Group 617-948-3394.
Click Here To Contact Seller
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