PRICE REDUCED Kendall Square - Former Hungry Mother & Vincent's
Business Description
ADDRESS: KENDALL SQUARE -233 Cardinal Medeiros Ave, Kendall Square, Cambridge 02141
LOCATION: High profile corner location facing Kendall Square at the intersection of Cardinal Medeiros Ave and Bristol St. Over 100+ years of hospitality, proximity to Landmark Kendall Square Cinema and biotech firms plus destination diners gives a healthy customer base.
RESTAURANT: 1,600 square feet plus 800 square foot basement.
CAPACITY: 55 seats, 21 Standing + 16 seasonal patio.
PARKING: On street parking, parking garage within one block.
LICENSES: Common Victualer, Full liquor, plus entertainment
HOURS: Licensed for 8am to 1am.
CONDITION: Very good condition, most equipment upgraded in 2020.
TRADE AREA: Within a one-mile radius we see a population of 62,062, daytime employees numbering 72,666, and an average household income of $171,977.
RENT: $5,350 per month NNN, (RE Taxes are $650/m & CAM is $1500/mo.)
Lease term to June 2026 with two 5-year options available.
SALES: Sales $1.1M 2023 Historically location achieved ~$1.5M per year.
PRICE: $255,000 includes all leasehold improvements, furniture, fixtures and equipment and licenses.
FURTHER INFO: Additional Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
LOCATION: High profile corner location facing Kendall Square at the intersection of Cardinal Medeiros Ave and Bristol St. Over 100+ years of hospitality, proximity to Landmark Kendall Square Cinema and biotech firms plus destination diners gives a healthy customer base.
RESTAURANT: 1,600 square feet plus 800 square foot basement.
CAPACITY: 55 seats, 21 Standing + 16 seasonal patio.
PARKING: On street parking, parking garage within one block.
LICENSES: Common Victualer, Full liquor, plus entertainment
HOURS: Licensed for 8am to 1am.
CONDITION: Very good condition, most equipment upgraded in 2020.
TRADE AREA: Within a one-mile radius we see a population of 62,062, daytime employees numbering 72,666, and an average household income of $171,977.
RENT: $5,350 per month NNN, (RE Taxes are $650/m & CAM is $1500/mo.)
Lease term to June 2026 with two 5-year options available.
SALES: Sales $1.1M 2023 Historically location achieved ~$1.5M per year.
PRICE: $255,000 includes all leasehold improvements, furniture, fixtures and equipment and licenses.
FURTHER INFO: Additional Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $5,350.00 per month
Listing Info
- ID
- 2328635
- Listing Views
- 1335
Attached DocumentsAttachment Disclaimer
Price_Reduced_Former_Hungry_Mother_Vincents.pdf
Business Location
Listing ID: 2328635 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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