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Established, Profitable Restaurant 25 Miles West of Boston

Middlesex County, MA

Established, Profitable Restaurant 25 Miles West of Boston
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Asking Price: $850,000

Cash Flow: N/A

Gross Revenue: $1,900,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established, Profitable Restaurant 25 Miles West of Boston

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Business Description

Established, Profitable Restaurant 25 Miles West of Boston

Enjoy the freshly made, home-style meals at this gem with strong repeat clientele. With a commitment to providing outstanding service and great food, you can be sure that you'll never be disappointed. This restaurant has maintained the high standards that the business was built on, and with a refreshed menu, continues to make their own soups and sauces, as well as cut steaks. Come in and enjoy casual atmosphere, plentiful portions, and most importantly, fantastic food. Full bar and a warm ambiance serving freshest steak, seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in this market.

PARKING: Huge parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: 10-year lease w/ one 5-year option (4 years remaining)
BASE RENT: $8,300 + NNN ($11,200 per month)
CONCEPT: American cuisine
SEATING: 135 persons (40 at bar)
SIZE: 4,000 square feet
HOURS: Open from 11:30 AM – close (12.00AM) 6 days, closed Monday
LICENSES: Full Liquor License
SALES: $1.9M in 2018

ASKING PRICE: $850,000 (For the Assets of the Business)

Detailed Information

Location:
Middlesex County, MA
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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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