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Boston Restaurant with High Visibility for sale in Boston, MA

Boston, Massachusetts (MA)

Asking Price: Gross: Cash Flow:
$ 140,000 $ 488,000 $ 50,000

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 5,000 (not included in the asking price)

Business Summary:
This Café/Restaurant enjoys very high traffic counts and heavy foot traffic. This busy location is doing $7,500 in sales per week and is surrounded by businesses, schools, students & residences and is highly visible. The space has been recently renovated with a new kitchen and is very nicely built-out. The space is very functional and could be utilized for many concepts. FACILITY: The space has been very nicely built-out. This storefront location is approximately 1,700 sf. and consists of a full service kitchen, dinning room and bathroom. The space is good for many concepts. CONDITION: The restaurant is in good condition and the equipment is a good quality and has been well maintained. PARKING: Street Parking CONCEPT: Indian Restaurant SEATING: There is seating for 40 patrons inside. HOURS: 11:00 PM – 11:00 PM LICENSES: Common Victullars. SALES: Approximately $488,000 per year. RENT: The rent $1,850 plus NNN LEASE TERM: Nine (9) years remaining on the lease. The landlord may be willing to extend or add options. REASON FOR SALE: Moving to Mid-Atlantic OPPORTUNITY: Strong location that could be converted fairly easily to almost any concept. Perfect opportunity for an Owner/Operator. ASKING PRICE: $140,000 (or best offer) For More information please contact Corbett Restaurant Group 617-948-3394 www.CorbettRestaurantGroup.com

 

   
Owner willing to finance: Yes  
   
Owner willing to train: Yes  
   
Reason for selling: Moving to Mid Atlantic  
   
Seller Reference Number: bm341593388
BusinessMart.com Listing Number: 53509
 

 

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For more info contact:

Todd Smith

Corbett Restaurant Group
617-948-3394

CONTACT SELLER

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