Cambridge Bar & Grill
| Asking Price: | $225,000 |
ADDRESS: Cambridge, Massachusetts 02139
CONCEPT: A casual theme, moderately priced, gastropub.
SPACE: Approximately 2,000 square feet on the first floor which features a bar, dining area, kitchen and rest room facilities. There is a 1,500 square foot basement which features storage space and refrigeration.
PARKING: There is on-street parking available in the immediate area.
SEATING: The restaurant is licensed for 92 patrons. The city of Cambridge has approved outdoor seating for approximately 50 patrons.
HOURS: The pub is open daily from 4:00PM – 12:00AM.
LICENSE: A Full Liquor License until 2:00AM.
CONDITION: The restaurant appears to be well maintained and in turn-key condition.
RATIO: Beverages: 50% Food: 50%
SALES: Sales for 2023 were approximately $900,000.
LEASE TERM: The landlord will negotiate a long term lease for a qualified tenant.
RENT: Base Rent: $10,300 monthly, NNN / $123,600 annually +/-, NNN.
PRICE: The asking price for the assets of the business is $225,000
COMMENT: This is a great location for any concept that appeals to both local residents, students, office workers and young professionals.
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.
