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Outstanding Area Restaurant Space
Location: United States -> Massachusetts -> Middlesex County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Back on the market. Rare opportunity in the Wellesley Natick area. Operated for the past 15 years as a dinner only, 5 night per week white table cloth restaurant with historical sales in the 1.2M range. Perfect for a chef owner operator looking to break out on their own. Easy conversion to just about any concept -Gastro Pub, Farm to Table, BBQ, Asian. Rare opportunity to open a restaurant in this area with low upfront capital and huge earning potential. Motivated sellers want Offers!

FACILITY: The building equipment, fixtures and furniture seem to be in good condition.
PARKING: Plenty of Parking
EQUIPMENT: The equipment is of good quality, is in good condition and has been well maintained
LEASE TERM: Three (3) Years (with two five year options)
BASE RENT: $7,500 per month gross
CONCEPT: Restaurant operated as a highly successful Upscale Dining Destination for over 15 years
SEATING: Seats 100 (Outdoor Seating Available)
SIZE: 3,334 Square Feet
HOURS: Business is currently closed
LICENSES: Full Liquor
SALES: Historical Sales of $1.2M per year
ASKING PRICE: $50,000 (Key Money)

For More information please contact Corbett Restaurant Group 617-948-3394


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Outstanding Area Restaurant Space Photo 1




Print Listing Id: 700270359
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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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