High Volume Restaurant in Cambridge, MA

A casual theme, moderately priced full-service restaurant with an established reputation. In close proximity to Harvard Square, Porter Square and Kendall Square. Approximately 6,000 square feet with seating for over 250 and on-site parking. Open 7 days a week, the restaurant has a 1:00 AM Liquor License and a long-term lease. Significant seller financing is available. The value is in the below market lease and the option to extend the hours of operation.

LOCATION: Culinary landmark in the heart of Cambridge with an established reputation in Greater Boston.

DEMOGRAPHICS: Within a 1-mile radius we find 56,934 employees and 78,044 residents with an average income of $159,889.

SPACE: Over 6,000 square feet with a bar, dining areas plus a fully built out basement.

SEATING: Over 250 seats plus 40 seasonal.

PARKING: On-site parking available.

HOURS: Open seven days a week for lunch and dinner.

LICENSES: A 1:00AM All Alcoholic Beverages License.

RENT: Below market rent of $14,000 per month, plus $3,700+/- mo. NNN.

LEASE: Long term lease for over 25 years.

SALES: Sales in 2022: $3,000,000

SALES: Sales in 2022: $3,000,000 Sales in 2023: $3,250,000

CONCEPT: Well regarded for its standards of quality and service with dine-in and take-out options, a full bar, a strong catering business and room for private parties, banquets and functions.

PRICE: The asking price is $1,000,000 with generous seller financing available.

FURTHER INFO: Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.

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.