Cafe For Sale - Prime Location
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $60000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Cafe with Prime location in Boston's famous South End. The Cafe serves comfort food, at a reasonable price in a casual cafe atmosphere. The Cafe enjoys great Curb-Appeal and sports indoor and outdoor seating. The Seller's Adjusted Discretionary Earnings are approximately $60,000 per year. Gross Sales and the bottom line could be grown if the owner was active in the operation of the business.
FACILITY: The space is approximately 700 square feet; plus another 700 square feet in the basement set up for food prep storage etc.
CONDITION: The building and restaurant are in excellent condition and have been recently improved on the Cafe side.
PARKING: On street parking.
EQUIPMENT: The equipment is new and is of good quality.
LEASE TERM: Two (2) year lease with options available
BASE RENT: $2,184 (Includes the triple nets)
CONCEPT: Restaurant/Cafe
SEATING: Currently there are Seats for 12 patrons inside and 12 patrons
outside
HOURS: 10:00 AM -9:00 PM (Can be open for longer hours)
LICENSES: C.V.
SALES: Approximately $300,000 per year
CASH FLOW: Adjusted cash flow is approximately $60,000
ASKING PRICE: $105,000 for the Business (Some Seller Financing Available)
For More information please contact Corbett Restaurant Group 617-948-3394
Click Here To Contact Seller
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