Metro West-Steal It-Turnkey American Restaurant,

N Sudbury, MA
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Asking Price:$350,002
Established Year:1986
Gross Revenue:$1,250,000
BUSINESS DESCRIPTION

(stock photos)
SELLING PRICE: $325K Motivated Seller, (Price Drop) negociable !!!…no seller financing

SALES VOLUME: Averaging around $1.2M/yr or around $25K/wk.

SQUARE FOOTAGE: 3,800 sf.

HOURS OF OPERATION: 7 days, 7 am – 9 pm (Sundays till 3 pm)

SEATING: 96 inside 38 on leftside patio, 76 on rightside patio overlooking lake

REASON FOR SELLING: redeveloping a huge project

COMMENTS: Owner in the process of building an approved outside bar on left patio.
Seller spending over a million dollars to expand the property and open access to the lake.
This restaurant is renown for its breakfasts for over 40 years. Full liquor license and bar. Suggestion- This is a premier spot for a dinner restaurant with the expansive lake views with new fabulous outside bar overlooking the lake. There is nothing in town like this, huge upside..Million dollar outside renovation to be completed late spring. This Restaurant will be one of the hottest destinations for all dining , inside and out.(Huge opportunity), plenty of parking on a busy state road, affulent area.
The name doesn’t go with the sale but can be used for a while. Suggest new name after purchase to establish your idenity.
FIRST TIME OFFERED! Bring your expertise for this location as the Sky is the limit without question.


ATTACHED DOCUMENTS
NDA.docx Download

DETAILED INFORMATION
Location
N Sudbury, MA
Inventory
Not Included in asking price
Employees
15
Facilities
Beautiful furnishings, great views of the lake, large functional kitchen, can prepare anything. Inside decor comfortable and cozy.. This restaurant has been an established breakfast restaurant for 40 yrs and offers Lunch & Dinner also. Nice bar with high tops and comfortable earth tone atmosphere. Definately a towns favotite all these years.
Competition
Quite honestly, there is nothing like this around that offers so many options to increase business and outreach. Town population , over 80,000 and daytime increases another 65,000. Bustling and very busy town and area.
Growth & Expansion
Owner has an expansive 1 million dollar renovation complete with a lake walkway, seating and views of the comfortable surroundings, a in town oasis.
Support & Training
Yes up to 2 weeks.
Reason for Selling
Owner is tending to his expansion of this facility.
Home-Based
This business is Home-Based
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Bob
cioffi
NATIONAL RESTAURANT EXCHANGE
Bob cioffi