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Profitable Restaurant Metro West

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $450000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Description  This profitable business has a strong site located in a successful shopping plaza in the metro-west area. The restaurant has a cash flow of $150,000. It is currently operated as an India restaurant but could be converted to most any concept. The plaza has good activity generators and several ''Blue Chip'' tenants. Some financing is available for qualified Buyers. FACILITY: The space is approximately 2,000 square feet. The equipment and leasehold improvements are in very good condition. The facility has a functional layout and has seating for 77 persons. CONDITION: The building and restaurant are in very good condition. PARKING: Plenty of parking in the Plaza parking lot LEASE TERM: Four (4) year lease with options available. BASE RENT: $5,000 per month the CAM & R.E. taxes are $800 per month CONCEPT: Full Service Indian Restaurant SEATING: 77 seats HOURS: 11:30AM - 10:00 PM LICENSES: Beer & Wine SALES: Approximately $450,000 CASH FLOW: Approximately $150,000 PRICE: $175,000 (Financing available to qualified Buyers)
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