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




Business Summary

Excellent space for new concept located in desirable area of newton, ma. This concept is dine-in/take-out mediterranean style establishment that focuses on unique mediterranean style dishes and provides a fun family environment and evening entertainment. The property has been recently renovated and could easily be converted to a new concept. Located in a busy area of newton with great exposure and access to many neighborhood for delivery. Some seller financing available for qualified buyers.

Parking: On street parking & public parking lots
Equipment: The equipment is in excellent condition, has been well maintained & is of good quality.
Lease term: 4 years remaining on lease with options
Base rent: $2,400 per month gross
Concept: Full service / take-out mediterranean
Seating: 16 persons inside & 8 persons outside
Size: 900 square feet plus full basement
Hours: Tue – Sun 11:00 am – 10:00 pm
Licenses: Beer & wine and entertainment
Sales: $240,000 per year
Cash flow: $110,000 per year
Asking price: $177,000 (for the business) – some seller financing available for qualified buyers.

For more information please contact corbett restaurant group 617-948-3394.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $110,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Restaurant For Sale Photo 1




Print Listing Id: 700276215
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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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