LOCATION: Newton Centre, Newton, Massachusetts – Vibrant local dining destination in the heart of Newton. Ample public parking. Easy access.
RESTAURANT: 1,200 square feet
CAPACITY: 50+ seats indoors and large outdoor patio.
CONCEPT: Full service restaurant serving high quality food in a charming environment. Suitable for a chef-owner or a first time operator. Outdoor patio great for warm weather and events
SALES RATIO: 70% food and 30% beverage.
LICENSE: All-alcohol.
HOURS: Open for lunch and dinner six (6) days a week.
HISTORY: Long history of successful operation in this location. Owner retiring
CONDITION: Well maintained, turn-key condition. Charming .
TRADE AREA: Within a 2-mile radius we see a population of 66,276 with an average household income of $295,600. 30,722 employees work in this area.
RENT: $6,800 per month, plus $1,600 RE tax.
SALES: $885,000 (2023), $897,000 (2022), $884,000 (2021).
PRICE: All business assets: $235,000
FURTHER INFO: Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
Ad#:2338211
