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

Breakfast and Lunch Restaurant

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $270000
Net Profit / Cash Flow  $92881
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1975
Number of Employees  4 - 5
Inventory  $3,000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Retirement.
Description  Profitable breakfast and lunch restaurant located in Brookline. This eatery has a long a successful history. The business nets over $92,000 per year; is easily operated and has very desirable hours. The restaurant has great numbers historically and would be profitable for the new Owner day one of operation. FACILITY: The space is approximately 860 square feet with a full basement and a 39 person seating capacity. PARKING: On street parking, no meters. EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality. LEASE TERM: Three (3) years remaining on the current lease, options are available. BASE RENT: $2,000 per month (that includes everything but utilities) CONCEPT: Breakfast and Lunch Restaurant SEATING: There is seating for 39 patrons inside. HOURS: Open from 8:30 AM - 3:00 PM (Monday - Saturday) LICENSES: Common Victullars SALES: Approximately $268,992 in 2009 (Has done well over $400,000 in the past). CASH FLOW: Approximately $92,881 in 2009. ASKING PRICE: $165,000 (Seller Financing Available) Contact Corbett Restaurant Group at 617-948-3394 for more information on this breakfast and lunch restaurant for sale.
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