Extremely successful, well established turnkey breakfast & lunch restaurant just outside Stoneham Center — a beloved local destination owned by a respected town family. Recent updates throughout the past three years; all fixtures, furnishings and equipment included. Significant upside: current operation does not utilize its full liquor license and is not open for dinner, creating immediate revenue expansion opportunities. Approvals for residential developments of 70+ condos/apartments are just a 30 second walk away, and planned Town Square revitalization will further boost foot traffic.
Key features
-Proven, profitable neighborhood eatery with strong local reputation
-All FF&E included in sale
-Liquor license* in place (transfer may require background checks/re?application)
-Not currently open for dinner — ready for concept expansion
-70+ new residences adjacent; Town Square revitalization upcoming
-Recent updates completed within last 3 years
Serious buyers only: financials and lease details provided after an introductory meeting with owners and a signed NDA. For inquiries and to schedule a meeting, contact Listing Agent Craig J. Celli, 781-438-1234 or email: craigjcelli@gmail.com
*Liquor license not automatically transferred. According to Town, new owner has to apply for it. As long if they qualify, they will receive it. Town currently has 3 available full liquor licenses/5 available bee/wine licenses. Process can be started with town and completed within 30 days. Then it will be turned over to the ABCC which that time frame could be anywhere from 1 week to 4 months generally.
Ad#:2471835
