Full Service Restaurant in Dedham Center
| Asking Price: | $425,000 |
| Rent: | $6,038/Month |
| Gross Revenue: | $1,000,000 |
LOCATION: High Profile Location in Vibrant Dedham Center. Dedham, Massachusetts. Proximate to I-95 and major retail.
RESTAURANT: Approx 2000 sq. ft. plus full basement with prep kitchen, storage and bathrooms.
CAPACITY: Approx 100 occupancy
SALES RATIO: 60% food and 40% beverage.
HOURS: Open seven (7) days a week.
CONDITION: The restaurant has been professionally maintained after an initial investment of $1.5M and is in turn-key condition. First Class buildout.
TRADE AREA: Dedham Center is a bustling downtown featuring many indy restaurant concepts serving Dedham, Needham, West Roxbury. Dedham Mall and Rt 1 retail close by.
DEMOGRAPHICS: Crossroads to a dynamic trade area with convenient access to over 250,000 residents with an average household income of $199,000 and 121,000 employees all within a five (5) mile radius.
LEASE: Expires March 2029 plus two 5yr options. Total Occupancy $6038/mo.
SALES: Opened in Covid. +$1M (2023) $920k (2022), $675k (2021)
PRICE: $425,000 for the assets of the business and full liquor license.
FURTHER INFO: Financial information can be made available for qualified buyers with the
execution of a Non-Disclosure Agreement.
