Landmark High-Volume Cambridge Restaurant

8,500 SF Restaurant with All Alcohol License and Parking

LOCATION: Culinary Landmark at a high profile location conveniently located in the heart of Cambridge with an established reputation in Greater Boston. Serving families, businesspeople, and area schools & businesses.

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

SPACE: 8,500 square feet with bar and dining areas plus fully built out basement.

CAPACITY: Over 250 seats plus 40 seasonal.

PARKING: Up to 37 dedicated spaces

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

LICENSES: All alcohol license.

RENT: Below market rent of ~$14,000 per month, plus approx. $3,700/m NNN

LEASE: 30 years remain.

SALES: 2021: $2,750,000, 2022: $3,000,000, 2023: $3,250,000

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

PRICE: The asking price is $1,000,000 for all business assets, all-alcohol license and Lease. Generous seller financing available

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