Outstanding Area Restaurant Space

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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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