South End Restaurant With Real Estate
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $850000
Net Profit / Cash Flow $52000
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 Owned
Training Training will be provided.
Reason for Sale Seller is moving abroad.
Description Great location with Real Estate available in Boston's famous South End; the space has been recently renovated and is good for almost any concept. This is a rare opportunity to own restaurant Real Estate in Boston. This is perfect for a Chef/Owner/Operator. Asking $170,000 for the business or $850,000 for the business and Real Estate.
FACILITY: The space is approximately 850 square feet; the facility consists of a 40 seat dining room and a full basement fully built-out that can be used for food preparation.
CONDITION: The building and restaurant for sale are in excellent condition and have been recently improved.
PARKING: On street parking , valet parking
EQUIPMENT: The equipment is new and is of good quality.
LEASE TERM: If leased; Five (5) year lease with two Five (5) year options.
BASE RENT: TBD is leased
CONCEPT: Restaurant/Cafe
SEATING: Seats for 40 patrons
HOURS: 7:00 AM -10:00 PM
LICENSES: C.V.
SALES: Approximately $400,000 per year
CASH FLOW: Adjusted cash flow is approximately $50,0000
REAL ESTATE: Asking price for the Real Estate is $746,000
ASKING PRICE: $170,000 for the Business alone or $50,000 for Business & Real Estate
Click Here To Contact Seller
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