Highly Successful Italian Restaurant in Cambridge MA
| Asking Price: | $299,000 |
| Inventory: | $4,000 |
Turn Key Profitable
Turnkey opportunity. Very Profitable.
Business 360 Advisors is pleased to offer a well-established Italian restaurant located on a main traffic street in Cambridge. Dense student residential area, very convenient to Harvard and MIT. Eat in, Take out and Delivery.
Extensive long time catering to university groups.
Well equipped- 12 ft hood, fryolator, 6 burners, 2 pizza ovens, grill, etc. Same owner 19 years.
LICENSE: Common Victualler's
SQUARE FOOTAGE: 800 sq ft, plus basement
RENT: Approximately $3700 per month total (including NNN)
SEATS: 19
PARKING: Street parking.
SALES: $20,000/week
WITH COST OF GOODS SOLD OF 27% AND SALARIES 22%, THE RESTAURANT IS EXCEPTIONALLY PROFITABLE.
ASKING $ 299,000.
The owners want to keep the sale confidential. Please do not discuss the sale in the restaurant. I will be able to schedule a kitchen inspection by appointment.
This information is from the owners of the restaurant. 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
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