Profitable Breakfast and Lunch Spot - [SOLD]

Essex County, MA

Seller Financing Available
Profitable Breakfast and Lunch Spot - [SOLD]
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Asking Price: $269,000

Cash Flow: N/A

Gross Revenue: $750,000


FF&E: $60,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Profitable Breakfast and Lunch Spot - [SOLD]

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Business Description


Profitable Breakfast and Lunch spot located in an upscale community on the North Shore. The restaurant is situated on a busy street right in the heart of downtown!

The restaurant serves an easy, standard breakfast and lunch menu, with daily specials. Easy (short) hours, seven (7) days a week, 6:00 AM – 2:00 PM. The restaurant features a beer and wine license, which is great for those busy weekend brunches.

The restaurant has approximately 70 seats, plus a seasonal outdoor patio. The (newer) build-out is spotless and attractive, featuring both table and counter seating. The restaurant is very well maintained and the equipment is clean and in good shape.

The restaurant’s atmosphere is warm and inviting, which helps to explain this restaurant’s local popularity (as does being recognized for serving the "best breakfast" in town!). Sales have increased during each of the last three years.

Monthly rent is $4,000 (only 6.5% of gross sales!), plus modest triple nets. There are six years remaining on the lease.

This the best breakfast and lunch restaurant we have had in quite some time. It would be perfect for an experienced operator and as a family run operation. Turn the key and start making money on your first day! This restaurant will sell quickly, so do not miss out.

Call us today for all the exciting details!

Wayne S. Michals
866.970.7050, Ext. 100

All information, including, without limitation, that concerning gross sales, income and/or expenses has been provided by the seller, has not been independently verified by the broker, and is subject to "errors and omissions." The broker makes no representations or warranties whatsoever (either express or implied) concerning any of the information regarding the business. This business is subject to withdrawal from the market at any time, for any reason or for no reason.

Detailed Information

Not included in asking price
7 f/t, 9 p/t
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Approximately 2,300 square feet, plus large basement storage. The Restaurant is very near public parking, plus there is abundant on-street parking.
Limited Financing for a Qualified Buyer.
Support & Training:
The Seller will provide a 2 week transition period.
Reason for Selling:
Family Obligations.
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Wayne S. Michals

Business Listed By:
Wayne S. Michals

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