The Boston Restaurant Group Inc. offers for your consideration, information regarding the sale of a popular full-service restaurant in Newton. A high-profile location on a busy street, the restaurant is a local favorite with young professionals, families and business workers.
LOCATION: Newton, MA
CONCEPT: Full-Service Restaurant serving Lunch and Dinner
SIZE: The space is approximately 4,000 square feet. The space is adaptable for multiple concepts.
LICENSES: The restaurant has a Lull Liquor License.
SEATING: Licensed for 99 patrons, plus outdoor seating for 42 guests.
CONDITION: Very functional layout and design. The equipment appears to be in good condition.
PARKING: There is parking in the shared parking lot and on-street parking.
SALES: Sales in 2024 were $1,921,145.
LEASE: There are approximately 4 years remaining. The landlord may consider providing a longer lease.
Currently $14,000, month, plus NNN
CAM & TAXES: Approximately $4,166 mo.
RATIO: Food: 70%. Beverage: 30%
HOURS: Open 6 days, dinner only.
PRICE: The asking price for the assets of the business is $395,000.
Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
Ad#:2416390
