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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Gourmet Cafe & Grill

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $375000
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  4 - 5
Inventory  5000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  They have other restaurants and don't have time.
Description  Established Gourmet Cafe & Grille for sale with excellent growth potential. This site has been completely remodeled recently and fully outfitted with new equipment. This strong location has great visibility and is surrounded by residencies, businesses and students. The owners have another full service restaurant and just don't have time to operate both. This is a truly a turn-key opportunity; a good operator should be able to capitalize on the site's potential. Financing Available! FACILITY: The space is approximately 1,200 square feet plus a full basement with a 36 person seating capacity. The space has a very functional layout and design. PARKING: On street parking EQUIPMENT: The equipment is in very good condition and has been well maintained and is of good quality. LEASE TERM: Eight (8) years remaining on the current lease with a Ten (10) year renewal option. BASE RENT: $2,519 per month which includes the triple nets CONCEPT: Gourmet Cafe & Pizzeria SEATING: There is seating for 36 patrons inside HOURS: 11:30 AM - 1:00 AM during the week and 2:00 AM on Friday & Saturday LICENSES: Common Victullars. SALES: Approximately $6,000 per week ASKING PRICE: $185,000 (Financing is Available!)
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