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




Business Summary

Great Opportunity for a chef owner/operator or a perfect location for an easy concept change to a burger bar or gastro pub. Excellent exposure on this main street location. First time offering for this busy and popular restaurant. Very nice, open bar and dining room with a great outdoor patio. Huge upside potential in this growing area. Great lease terms. This is a must see. Longtime owner's health forces sale. All serious offers will be entertained.

PARKING: Private lot plus street parking
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: Three-year lease with three five-year options
BASE RENT: $4,700 per month NNN
CONCEPT: Full Service Italian Restaurant & Bar
SEATING: Seating for 100 persons
SIZE: 2,200 square feet (plus additional patio space)
HOURS: Open Mon – Sat 11:30 AM – 10:00 PM & Sun 4:00 PM – 9:00 PM
LICENSES: Full Liquor & Entertainment Licenses
SALES: $1,000,000 per year
ASKING PRICE: $219,000 (For the Business)

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,000,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Italian Restaurant Photo 1




Print Listing Id: 700280350
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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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