Upscale Suburban Neighborhood Restaurant

Asking Price$199,000

Cash Flow
$90,757
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Upscale Suburban Neighborhood Restaurant


Asking Price$199,000

Cash Flow
$90,757
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,500,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
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: $199,000 (For the Business)
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2295502
Listing Views
1265

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2295502 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.


Similar Listings
Prime location restaurant for sale
$150,000Prime location restaurant for saleMiddlesex County, MA
Wayback Burgers
$250,000Wayback BurgersFeatured Franchise
Prime QSR Location Just North of Boston
$105,000Prime QSR Location Just North of BostonMiddlesex County, MA
Neighborhood Restaurant in Somerville
$250,000Neighborhood Restaurant in SomervilleMiddlesex County, MA
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise
Newly Renovated Restaurant Marlborough, MA
$149,000Newly Renovated Restaurant Marlborough, MAMiddlesex County, MA
A landmark restaurant in need of new owner
$250,000A landmark restaurant in need of new ownerMiddlesex County, MA
Le Macaron
$100,000Le MacaronFeatured Franchise
Framingham-$100k dn- Breakfast & Lunch.
$225,000Framingham-$100k dn- Breakfast & Lunch.Middlesex County, MA
Prime Restaurant/Bar/Cafe – Cambridge
$345,000Prime Restaurant/Bar/Cafe – CambridgeMiddlesex County, MA
Toastique
$200,000ToastiqueFeatured Franchise
Prime location restaurant for sale
$150,000Prime location restaurant for saleMiddlesex County, MA
Wayback Burgers
$250,000Wayback BurgersFeatured Franchise
Prime QSR Location Just North of Boston
$105,000Prime QSR Location Just North of BostonMiddlesex County, MA
Neighborhood Restaurant in Somerville
$250,000Neighborhood Restaurant in SomervilleMiddlesex County, MA
Jon Smith Subs
$100,000Jon Smith SubsFeatured Franchise