LOCATION: Somerville, Massachusetts – Located in the popular Assembly Square with high foot traffic + nearby office pop. Proximate to I-93.
RESTAURANT: ~1500 Sq. Ft. + Patio Also has approx. 250 Sq. Ft Dry Storage
CAPACITY: Occupancy 51 – Seats 31
CONCEPT: Readily adaptable location perfect for a fast casual concept. Full kitchen with full hood and ADA Bath
LICENSE: Common Victualer & Beer & Wine license included
HOURS: Open for lunch and dinner seven (7) days a week.
HISTORY: Initial investment of $580,000. Extensive renovations 1-2 yrs ago.
CONDITION: Well-maintained, turn key condition.
TRADE AREA: Within a 2-mile radius we see a population of 181,080 with an average household income of $167,370. 116,324 employees work in this area.
RENT: $12,115 total occupancy costs
LEASE: Current term expires 2033, plus One 5-year option
PRICE: $545,000 for all Leasehold improvements, FF&E
FURTHER INFO: Additional information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
Ad#:2401490
