Price Reduced - Newton Centre Full Service Opportunity
Business Description
LOCATION: Newton Centre, Newton, Massachusetts – Vibrant local dining destination in the heart of Newton. Ample public parking. Easy access.
RESTAURANT: 1,200 square feet
CAPACITY: 50+ seats indoors and large outdoor patio.
CONCEPT: Full service restaurant serving high quality food in a charming environment. Suitable for a chef-owner or a first time operator. Outdoor patio great for warm weather and events
SALES RATIO: 70% food and 30% beverage.
LICENSE: All-alcohol.
HOURS: Open for lunch and dinner six (6) days a week.
HISTORY: Long history of successful operation in this location. Owner retiring
CONDITION: Well maintained, turn-key condition. Charming .
TRADE AREA: Within a 2-mile radius we see a population of 66,276 with an average household income of $295,600. 30,722 employees work in this area.
RENT: $6,800 per month, plus $1,600 RE tax.
SALES: $885,000 (2023), $897,000 (2022), $884,000 (2021).
PRICE: All business assets: $235,000
FURTHER INFO: Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
RESTAURANT: 1,200 square feet
CAPACITY: 50+ seats indoors and large outdoor patio.
CONCEPT: Full service restaurant serving high quality food in a charming environment. Suitable for a chef-owner or a first time operator. Outdoor patio great for warm weather and events
SALES RATIO: 70% food and 30% beverage.
LICENSE: All-alcohol.
HOURS: Open for lunch and dinner six (6) days a week.
HISTORY: Long history of successful operation in this location. Owner retiring
CONDITION: Well maintained, turn-key condition. Charming .
TRADE AREA: Within a 2-mile radius we see a population of 66,276 with an average household income of $295,600. 30,722 employees work in this area.
RENT: $6,800 per month, plus $1,600 RE tax.
SALES: $885,000 (2023), $897,000 (2022), $884,000 (2021).
PRICE: All business assets: $235,000
FURTHER INFO: 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.
- 1,200
- Rent
- $6,800.00 per month
Listing Info
- ID
- 2338211
- Listing Views
- 1288
Attached DocumentsAttachment Disclaimer
Listing ID: 2338211 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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