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BUSINESSES FOR SALE

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   >>   Massachusetts Businesses For Sale Categories   >>   

Award Winning Restaurant

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $455000
Net Profit / Cash Flow  $106000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2006
Number of Employees  6 - 9
Inventory  5000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Sellers are moving.
Description  Award winning concept Located in this famous neighborhood of Boston. This Site has excellent visibility, a cool layout and the leasehold conditions are like new. The Seller's Discretionary Earnings are approximately $106,000 per year. This is perfect for a Chef/Owner/Operator. You could not replicate these conditions for the asking price...this is a must see! FACILITY: The space is approximately 800 square feet with a full basement CONDITION: Very functional layout and design with newer leasehold improvements. PARKING: There is street parking along with side street parking in the residential neighborhood. EQUIPMENT: The equipment has been well maintained and is of good quality. LEASE TERM: Two (2) years remaining on the lease with one (1) option of three (3) years. RENT: Currently $37,479 with CPI as the escalator. CAM: $1,500 TAXES: Taxes are approximately $800 SEATING: There is seating 24 patrons inside. HOURS: Open from 5:30AM - 10:00PM. LICENSES: The Restaurant has a Beer & Wine License SALES: 2009 Sales were approximately $455,858 CASH Flow: 2009 Seller's Discretionary Earnings were approximately $106,000 For more information on this Restaurant for sale, email or call Corbett Restaurant Group 617-948-3394
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