100 Seat Restaurant For Sale

Business Opportunity for Sale
Catylist Listing ID: 30811603
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $300,000
Gross Revenue: $0 (Annual)
Cash Flow: $117,501 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 9/19/2022

Overview / Comments

Location is being purposely obfuscated. Fully equipped 100 seat restaurant business for sale in a desirable location in Middlesex County MA. Restaurant is equipped to accommodate any type of food related businesses. American, Italian, Japanese, Korean, Pizza shop, ect. New walk in cooler and taps lend for crisp and fresh beer distribution to patrons. Close to public transportation, with ample out door seating, and a newly revitalized downtown location that cant be beat. FF&E included in price. Space is leased until May of 2026, then has two five year options.

Seller Discretionary Earnings (SDE) $117,501

Property is leased (no real estate comes with purchase)

Rent is 54,000/ year

Attachments & Media

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Middlesex
Industry Segment: Bars and Taverns
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Space is leased until May of 2026, then has two five year options.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,517 20,474 63,962
Median Age: 42.94 42.44 42.42
Households: 1,453 7,527 23,695
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