Seasonal Quick Service Restaurant - Essex County

Essex County, MA
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Asking Price:$100,000
Gross Revenue:$200,000
Cash Flow:$20,000
BUSINESS DESCRIPTION

Easy Conversion Opportunity - Motivated Seller!

Seasonal quick service Asian restaurant for sale in Essex County. The space will be delivered turnkey ready for your own concept, or take over the existing Asian concept. There have been recent updates to the space and the brand has been around for over 50 years.

PARKING: Parking in lot
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 4 years with two (2) five-year options
BASE RENT: $4,056/month
CONCEPT: Quick-Service Asian Food
SIZE: 1,281 square feet
SEATS: 20 seats inside and plenty of communal outdoor seating.
LICENSE FEE: $500/month
SALES: $200,000 (Open June-August 2023) The park is open from April-October
CASH FLOW: Approx. $20,000

ASKING PRICE: $100,000 (For the Business)


DETAILED INFORMATION
Location
Essex County, MA
Inventory
Not Included in asking price
Real Estate
Leased
Growth & Expansion
Currently run seasonally - can expand.
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Todd
Smith
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Todd Smith