Boston Cafe / Restaurant High Visibility
Location:
United States
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Massachusetts
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Boston
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This Café/Restaurant enjoys very high traffic counts and heavy foot traffic. This busy location is doing $9,500 in sales per week and is surrounded by businesses, schools, students & residences and is highly visible. The space has been recently renovated with a new kitchen and is very nicely built-out. The space is very functional and could be utilized for many concepts.
Facility: the space has been very nicely built-out. This storefront location is approximately 1,700 sf. And consists of a full service kitchen, dinning room and bathroom. The space is good for many concepts.
Condition: the restaurant is in good condition and the equipment is a good quality and has been well maintained.
Parking: street parking.
Concept: indian restaurant.
Seating: there is seating for 40 patrons inside.
Hours: 11:00 pm - 11:00 pm.
Licenses: common Victullars.
Sales: approximately $488,000 per year.
Rent: the rent $1,850 plus nnn.
Lease term: nine (9) years remaining on the lease. The landlord may be willing to extend or add options.
Reason for sale: moving to mid-Atlantic.
Opportunity: strong location that could be converted fairly easily to almost any concept. Perfect opportunity for an owner/operator.
Asking price: $140,000 (or best offer).
For more information please email or call Corbett Restaurant Group 617-948-3394.
Financials
Asking Price Range: < $250K
Gross Revenues:
$300,000
Cash Flow:
$45,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $50,000
Seller Financing: Yes
About The Business
Year Established: 2005
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes.
Reason For Selling: Moving to the Mid Atlantic.
Photos
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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: 70097432
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