Outstanding Area Restaurant Space
www.GlobalBX.com
Listing ID:
700270359
Listing Title:
Outstanding Area Restaurant Space
Quick Link:
http://www.globalbx.com/listing.asp?bId=270359
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Massachusetts
Area
City:
Middlesex County
Asking Price Range:
< $250K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2001
Number of Employees:
6 - 9
Business Description:
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
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