Restaurant For Sale
www.GlobalBX.com
Listing ID:
700276215
Listing Title:
Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=276215
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Massachusetts
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$240,000
Cash Flow:
$110,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
6 - 9
Business Description:
Excellent space for new concept located in desirable area of newton, ma. This concept is dine-in/take-out mediterranean style establishment that focuses on unique mediterranean style dishes and provides a fun family environment and evening entertainment. The property has been recently renovated and could easily be converted to a new concept. Located in a busy area of newton with great exposure and access to many neighborhood for delivery. Some seller financing available for qualified buyers.
Parking: On street parking & public parking lots
Equipment: The equipment is in excellent condition, has been well maintained & is of good quality.
Lease term: 4 years remaining on lease with options
Base rent: $2,400 per month gross
Concept: Full service / take-out mediterranean
Seating: 16 persons inside & 8 persons outside
Size: 900 square feet plus full basement
Hours: Tue – Sun 11:00 am – 10:00 pm
Licenses: Beer & wine and entertainment
Sales: $240,000 per year
Cash flow: $110,000 per year
Asking price: $177,000 (for the business) – some seller financing available for qualified buyers.
For more information please contact corbett restaurant group 617-948-3394.
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