Italian Dinner Restaurant And Bar For Sale
www.GlobalBX.com
Listing ID:
700209064
Listing Title:
Italian Dinner Restaurant And Bar For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=209064
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Massachusetts
Area
City:
North Shore
Asking Price Range:
< $250K
Gross Revenues:
$522,500
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
10 - 19
Business Description:
Asking Price: $145,000
Gross Income: $522,500
Furniture, Fixtures & Equipment: $100,000
Inventory: $8,000 (not included in the sale)
Seating: 95 person capacity.
Facilities: The Restaurant occupies approximately 4,886 square feet. Parking is on-street and in nearby parking lots.
Lease: Monthly Rent currently is $3,963 (plus RE and CAM). The buyer will have an opportunity to negotiate a new lease with the landlord.
Summary Description
Exquisitely appointed restaurant and bar that is prominently located on a high profile street in its community. Full Italian menu, including the best gourmet pizza town!
The restaurant has Full Liquor and Entertainment Licenses. Liquor presently accounts for 32% of gross sales. The kitchen is spacious and well equipped.
The restaurant is open for dinner only, 5 days a week (evening hours). Opening for lunch and/or additional days, and expanding delivery, take-out and catering all present fantastic growth opportunities. Separate areas within the restaurant are perfect for functions and catering. A new owner could feature entertainment.
This restaurant can accommodate a variety of concepts from bistro to pub. It is a perfect fit for a chef or experienced operator.
Contact Information
Wayne S. Michals
Tel: 866.970.7050, Ext. 100
Fax: 617.273.2620
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