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Family Owned Restaurant
Location: United States -> Massachusetts
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Highly visible restaurant with many local customers. Family owned business for 16 years. Some new kitchen equipment. Big walk-in refrigerator with storage and preparation area in the basement. Sit down and many take out. Almost 2,000 sq ft include basement. Open lunch and dinner only, but it has a great potential for breakfast also.

Monthly rent is $2,550, 9 years lease. Great Great location in heart of Cambridge on Mass Ave. Central. Business for sale include all equipment. Asking $185,000 with $135,000 minimum down. Please email or call 617-680-1827 for more information on this Family Owned Restaurant business for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $375,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $5,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  yes
Reason For Selling:  moving back home




Print Listing Id: 70013409
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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