SUPER STAR FAST-CASUAL RESTAURANT- CAMBRIDGE

Cambridge, MA (Middlesex County)

SUPER STAR FAST-CASUAL RESTAURANT- CAMBRIDGE
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Asking Price: $499,000

Cash Flow: $250,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

SUPER STAR FAST-CASUAL RESTAURANT- CAMBRIDGE

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Business Description

A rare opportunity to own a landmark restaurant. This restaurant is an institution in the city of Cambridge, recognized both locally and nationally, a media darling that is as turn key as it gets. A new 2,000-person school just blocks away, Green line expansion, a new recreational cannabis dispensary, and endless new luxury condo buildings will surely add to existing double-digit growth. A nationally recognized and award-winning brand that is as turn-key as it gets. Recipe documentation, food costing spreadsheets, Dept of Labor approved Employee handbooks and a current digital asset database will facilitate a seamless transition. Management and employees will remain with new ownership. Make money from day 1!

FACILITY: The facility is in very good condition
PARKING: On street parking
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is
of good quality.
LEASE TERM: 8-year lease with three (3) years remaining and one 5-year option
BASE RENT: $5,512 including triple nets
CONCEPT: Fast-Casual Restaurant
SIZE: 1170 square feet (plus full basement)
SEATS: 34 persons
LICENSES: Beer & Wine license
SALES: $1,400,000 projected for 2019
CASH FLOW: $250,000 for 2019

Detailed Information

Location:
Cambridge, 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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