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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   >>   

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Restaurant With Contemporary Italian Menu

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $450000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Divorce forces sale of business.
Description  Asking Price: $189,000 Gross: $450,000 Cash Flow: $50,000 FF & E: $90,000 Inventory: $7,000 (Not included in the asking price.) Summary: In business for 7 years, this full-service dining room and bar offers a quality contemporary Italian menu of the freshest ingredients and is located on a major highway on the South Shore. The restaurant is adjacent to a busy commercial area and the great food and service, as well as the inviting and intimate bar area and function room, have created a dedicated following of the area's employees and local families. In combination with its excellent menu, the restaurant also offers Corporate Catering, Take-Home Catering, Cooking Classes, Wine Dinners Dinners and Holiday (e.g. Thanksgiving) Take-Home Dinners. Staff includes one full-time and 14 part-time employees. Facility: This attractive facility has 3,000 SF, approved seating for 78 customers, a separate function room and a full liquor license. It is located in an attractive strip mall with frontage on a major local highway. An attached parking area is provided in the front. The facility has a full kitchen and an up to date POS system. Rent is $3,500 NNN per month. Furniture, Fixtures and Equipment: Price includes all Tables, Seating, Kitchen Appliances and Equipment. Hours: Open Tues. thru Thurs., 4:00 PM to 9:00 PM, Fri. & Sat., 4:00 PM to 10:00 PM. Opportunities: The development of a 3,000 unit mixed development has just begun in the immediate area and future business will certainly benefit from this. Further sales could also come from expanding service to lunch customers and/or Sunday and Monday hours. Contact for more information on this Restaurant for sale.
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