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Restaurant Near Major University
Location: United States -> Massachusetts -> Suffolk County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

Restaurant near Major University. This place is busy everyday, year-round. They are open 7 days from 7am-3pm. They offer breakfast, lunch, dinner and snacks. College students are hungry 24/7. In the past year the business grossed approx. $1,200,000.00 (50% sit down and 50% delivery) with a cash flow of approx. $112,000 (this is with an absentee owner). THE BUSINESS IS FULLY STAFFED. They have 4 full-time employees that run the show. The current owner only comes in 1 day/wk. He is only selling as he is preparing to move out of state. A skilled owner/operator could cut down on payroll and food costs. The location is fantastic. There are 8 yrs. left on the current lease at a rent of $3,400/mth. for an 1,100 sq. ft. space. They have a full, vented kitchen and pizza ovens. We are seeking a serious and financially qualified buyer with at least $335K in liquid funds to cover the asking price, plus $6,800 in rent security. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.


Asking Price Range:  $250K - $500K
Gross Revenues:   $1,200,000
Cash Flow:   $112,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Reason For Selling:  Moving out of state.


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Restaurant Near Major University Photo 1 Restaurant Near Major University Photo 2 Restaurant Near Major University Photo 3

Print Listing Id: 700288415
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers

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