Prime Location, With Full Liquor
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Training will be provided.
Reason for Sale Seller has too many locations.
Description Prime location situated in a popular Square in the City of Cambridge. This space has a full liquor license and seating for 100 persons. This location is in the heart of the action and the space is ideal for most any concept. The current concept is very profitable but a more mainstream concept would have a much higher sales volume.
FACILITY: This is a great location corner unit with parking. The space is approximately 2,200 square feet plus a full basement. The facility has a functional layout and has seating for 100 persons.
CONDITION: The building and restaurant are in good condition.
PARKING: On street parking, plus private lot
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with 2 Five (5) options available.
BASE RENT: $6,500 per month (includes NNN)
CONCEPT: Full Service Restaurant for sale
SEATING: 100 seats
HOURS: 11:00 AM - 12:00 PM
LICENSES: Full Liquor (1:00 AM)
SALES: Approximately $400,000
CASH FLOW: Approximately $160,000
PRICE: $240,000
Click Here To Contact Seller
|
|