Well Established Restaurant For Sale

Foxborough, MA
listing image
Asking Price:$395,000
Gross Revenue:$1,100,000
Rent:$9,000/Month
Established Year:1995
Cash Flow:$18,000
Inventory:$30,000
FF&E:$210,000
BUSINESS DESCRIPTION

Turn Key Operation suited for Asian Cuisine

Exceptional Opportunity: Turnkey 121-Seat Restaurant with Asian Flair in Foxboro

This thriving restaurant, located in the heart of Foxboro, presents a rare opportunity for business ownership. Revered throughout the city, this establishment attracts a steady stream of customers and enjoys widespread acclaim.

Key Highlights:

Loyal, Repeat Clientele: Patrons return time and again for the luxurious interior that exudes warmth and serenity, offering a truly tranquil dining experience.

Strong Financials: The restaurant generates consistent weekly sales of $18K, with a spike to $30K during the holiday season.

Recent Upgrades:

New Hot Water Heater

New Compressors for Walk-In Refrigeration

New Warewashing Machine

Newly Updated Guest Bathrooms

Entertainment: A captivating bar adds to the vibrant atmosphere, enhancing the guest experience.

Ample Parking: 150 parking spaces ensure convenience for patrons.

Outdoor Expansion: A 66-seat outdoor patio is set to be completed by Q2 2025, with no additional cost added to the existing 9-year lease term.

With its established brand and prestigious reputation, this restaurant combines elegance and functionality, making it the perfect venture for an ambitious entrepreneur.

NDA Required for further details.

Seize this opportunity and embark on your entrepreneurial journey today!


DETAILED INFORMATION
Location
Foxborough, MA
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
11/08/2031
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
24' type 1 hood, 8 burner wet wok range, 3 walk in coolers, 28 seat bar area, dumpster, loading dock, new hot water heater, new dishwasher, all existing equipment and furnishing included as well as working indoor waterfall.
Growth & Expansion
Landlord to add 66 seat outdoor patio to space in 2025. Permit and approvals have been passed through the town. Completion expected 2nd quarter 2025
Financing
SBA Loan, Cash Offers
Support & Training
Owner will provide 2 weeks of training to operator to run existing business.
Reason for Selling
Change of lifestyle
Home-Based
This business is Home-Based
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Jeffrey Sullivan
Jeffrey Sullivan