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
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70013409
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