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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site. Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>    Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Picturesque Restaurant Location  Massachusetts,United States Asking Price Range  < $250K Gross Revenues  $195000 Net Profit / Cash Flow  $117000 Cash Flow Type  Sellers Discretionary Cash Seller Finance  Yes Year Established  2005 Number of Employees  4 - 5 Inventory  60000 Relocatable  No Number of Employees  4 - 5 Real Estate  Leased Training  Training will be provided. Reason for Sale  Relocating. Description  Picturesque Restaurant for sale in the downtown area of a very desirable town in Essex County MA. This full service restaurant has a high profile site with strong foot traffic and excellent visibility. The business is cash flowing $115,000 plus a year in profit and the owners recently spent $100,000 in new leasehold improvements. This is a great fit for a Chef-Owner/Operator. The space is approximately 2,000 square feet with a 60 person seating capacity. The space consists of an open dinning room, kitchen, small Bar & lounge, and bathrooms. Very functional layout and design. CONDITION: The restaurant is in good condition; the leasehold improvements and equipment have been well maintained and are in good working order. The current owner recently spent $100,000 in new lease hold improvements. PARKING: There is street parking along with side parking facilities in the neighborhood. EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality. LEASE TERM: Three (3) years remaining on the current lease with one (1) option of five (5) years. BASE RENT: Currently $2,300 monthly plus NNN CONCEPT: Italian Restaurant SEATING: 60 patrons inside. HOURS: Open from 4:00 PM - 10:00PM Tues - Sunday LICENSES: Beer & Wine and Common Victullars. SALES: Average sales are approximately $363,910 annually CASH FLOW: Cash flow is approximately $117,599 PRICE: The asking price for the business is $195,000 Click Here To Contact Seller      For more business opportunities like this go to: http://www.globalbx.com

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