Description Established and well successful restaurant & bar with a high traffic location. This is a location with a history of success. The facility has a 90 person capacity, full liquor license and offers live entertainment including live music. Restaurant offers catering/private party/function availability on weekends. Sales are strong and consistent which comprises of the bar and food sales. This is a turn-key operation. Great opportunity for a chef/owner.
FACILITY: This is a stand-alone building located in a strip mall with a large bar area, kitchen and dining area. There is a full basement and plenty of parking.
PARKING: There is plenty of parking available in the strip mall.
EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality. It is all owned. No leases.
LEASE TERM: 3.5 remaining with two five (5) year options.
BASE RENT: $4,016 per month (includes the triple nets)
CONCEPT: Italian cuisine
SIZE: 3,500 square feet including downstairs
SEATS: Seating for 90 Persons
LICENSES: Full Liquor License 1:00 AM
SALES: $546,000 per year
CASH FLOW: $102,000 per year
ASKING PRICE: $249,000 (For the Business) Some Financing Available for Qualified Buyers
For More information please contact Corbett Restaurant Group 617-948-3394.