Restaurant Opportunity - West of Boston
Asking Price: | $285,000 |
Gross Revenue: | $850,000 |
Fully-equipped, cozy gem in Norfolk County
This fully-equipped, cozy gem is ready for a new visionary owner to take it to greater heights. This restaurant is located in a charming neighborhood located just west of Boston. Historical sales are $850,000 and there is room to grow current sales with expanded hours of operation. The restaurant’s current sales are an 80% food and 20% beverage split. Currently operating as a Latin American concept, but can be easily converted into other concepts! Benefit from the goodwill and established reputation that the restaurant has built over the years. A favorite among locals, it's known for exceptional service, a warm ambiance, and a commitment to culinary excellence!
PARKING: Local street and city parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 3 years remaining with one (1) five-year option
BASE RENT: $8,000 per month
CONCEPT: Latin American – Easy Conversion Opportunity
SIZE: 800 square feet plus outdoor seating
SEATS: 49 inside, 12 outside
HOURS: Open Tues-Sun for Lunch & Dinner
LICENSES: CV & Liquor License
SALES: Historical sales of $850,000
ASKING PRICE: $285,000 (For the Business)