Popular Middlesex County, MA Family Restaurant

Undisclosed Address, Massachusetts
Business Opportunity for Sale
Catylist Listing ID: 30844250
Property Subtypes: Food and Beverage
Building Size (RSF): 4,400 SF
Sale Price: $279,000
Year Business Established: 2005
Gross Revenue: $402,000 (Annual)
Cash Flow: $105,916 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to Seller @ close
Last Updated: 9/21/2023

Overview / Comments

One of the most popular Restaurants in this Community, this Family Owned & Operated business is enjoying 18+ successful years of business (since 2005). Great food, great price, large portions are critical aspects of the philosophy and continued success of the business; 22' saw the location quickly recover to Pre-Covid Income in 35% less hours!

The current menu specializes in breakfast/lunch, fully equipped kitchen, seating for close to 100 and amble parking for 30 vehicles.

Excellent Reputation, resilient business, TONS of Goodwill; At only 30 hrs /wk with little focus on lunch and NO dinner hours make a truly advantageous time to take ownership of the concept with BEST location in town; Easily & Instantly expand hours, gross profit, and revenue.

Contact agent for NDA.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owners aim to consolidate their 4 restaurant portfolio of successful concepts down to something manageable as Parents.
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: $3125/mon. lease may change to fair market value with new owner
Employee/Labor Description: 10
Mgmt/Training Support Description: Owner willing to assist in a 2 week transition
Competition/Market Description: Some area competition; Location has thrived since 2005
Growth/Expansion Opportunities: Current business & revenue is focused on Breakfast, very little lunch and NO dinner. Increase hours, menu, pricing, increase social media, events, catering
Seller Financing Description: Owner will consider some Seller Finance for Well Qualified offers.


Photograph of Listing Agent

Kathy MacKinnon

RE/MAX Commercial Innovative Properties
NECPE Member
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