Upscale Suburban Neighborhood Restaurant

Middlesex County, MA
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Asking Price:$399,000
Gross Revenue:$1,500,000
Cash Flow:$90,757
BUSINESS DESCRIPTION

Thriving neighborhood restaurant in a bustling and upscale suburban area!

This thriving neighborhood restaurant, situated in a bustling and upscale suburban area, offers a diverse menu of Mediterranean-inspired cuisine, blending the best of American, Middle Eastern, and Italian flavors. Known for its inviting, family-friendly atmosphere, it’s a favorite among locals. With a strong take-out and catering operation, alongside a dedicated customer base, this opportunity is perfect for buyers seeking to invest in a well-established, versatile dining destination. Its prime, high-traffic location, surrounded by nearby shops and attractions, ensures consistent local traffic and a steady flow of business.

PARKING: Parking available in lot
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 2 years remaining with one (1) five-year option
BASE RENT: $5,026 per month
CONCEPT: Neighborhood Bar & Restaurant
SIZE: 1980 sq.ft. plus full basement with kitchen
SEATS: 65 seating capacity
HOURS: Open Mon-Sat 11a-8p
LICENSES: Beer & Wine and Entertainment Licenses
SALES: Historical sales of $1.5 million
CASH FLOW: $90,757 in 2023

ASKING PRICE: $399,000 (For the Business)


DETAILED INFORMATION
Location
Middlesex County, MA
Inventory
Not Included in asking price
Real Estate
Leased
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Todd
Smith
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Todd Smith