Look-North End-Restaurant-Turn key-$275K

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Prime-North End Restaurant w/ Cordial license.
Asking Price:
$275,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

BOSTON'S FAMED ITALIAN NORTH END./Prime location.
SELLING PRICE : $275,000....SBA funding readily available.
SALES Volume wk (winter)-$16k-20K (summer)
LEASE: $5,700/mo (includes NNN) YRS.Left: 5 yrs +5+5+5/ Great lease.
SQUARE FOOTAGE: 1.200 sf...dining upstairs & cozy basement also/Nostalgic.
HOURS OF OPERATION: 4 pm-10 pm 6 days ( closed Monday for the Winter.)
SEATING: (upstairs 44 seats including bar). (downstairs 30 seats)
CAN STEAL THIS GORGEOUS RESTAURANT FOR THE PRICE OF THE LIQUOR LICENSE ALONE. GET THE RESTAURANT FOR FREE...!!!!
COMMENTS:
Great location at the beginning of the North End..easy walk for tourists visiting Quincy market,, staying in local hotels, and the throngs of people walking in the financial district.Beer ,Wine, cordial license. This space has been totally rebuilt recently..Its literally turn-key./ just opened last summer.(6 months)
If your a seasoned operator, this could be your signature location.
Call Bob at 781-820-9288...bobcioffi14@gmail.com/ Will not last/ Signed NDA required.

About the Business

Location:
Boston, Massachusetts
Year Established:
2018
Number of Employees:
12
Facilities:
Excellent location/ Open walking entrance into the North End.
1,200 sq.ft with 2 dining rooms and Bar., ( one downstairs)
Excellent turn -key condition-heavy foot traffic all the time
Lease: $5,700 mo. ( NNN inc) good affordable lease! Yrs left 5+5+5+5-Rare.
Market Outlook/
Competition:
Not a problem with hundreds of thousands of tourists. Run a good operation you will do real well at this prime location.
Growth & Expansion:
Expanding the menu options, creativity and continued charm of this famous area.
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About the Sale

Reason For Selling:
owner has other restaurants that demand his full attention.
Training/Support:
yes, up to 2 weeks if needed.

Listing Info

ID:
1601088
Ad Detail Views:
0

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Business Listed by

Bob Cioffi

New England Restaurant Brokers

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Sponsoring Broker:

Dennis Serpone
New England Restaurant Brokers


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