TYPE OF BUSINESS: FULL-SERVICE RESTAURANT & BAR
LOCATION: Concord-Acton Area, heavily traveled Great Road
SELLING PRICE: $699,000 DOWN PAYMENT: $200,000
SBA financing for an ALL CASH deal readily available.
SALES VOLUME: $45K/WK No Delivery
LEASE: $9,500.00 (inc. NNN) YRS. LEFT: 1.3yrs + 2-5yr options
SQUARE FOOTAGE: 4,800 sf.
HOURS OF OPERATION: 11:30 am-10 pm, 7 days
SEATING: (inside 65 seats) (outside 20 seats) (at bar 20) (funct. rm. 50)
COMMENTS: Highly profitable, beautifully decorated, well maintained full-service restaurant and bar NETS $300,000/yr. Located in a very affluent metro west bedroom community. Tremendous number of repeat customers for the last 10 years. Strong prepared foods to go.
- Asking Price:
- $699,000
- Sales Revenue:
- $2,300,000
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
1.3 years w/ 2-5 yr. options
- Leasehold Rent:
-
9500/mo. (NNN inc.) per annum
- Location:
-
Metro-West Bedroom community with plenty of parking in a well-maintained retail shopping plaza and office park. Situated right on a very heavily travelled numbered route.
- Premises Details:
-
Three beautiful dining rooms with a very bright and vibrant bar aera, as well as a busy prepared foods market. Kitchen is full of very well maintained and new equipment.
- Size in square feet:
- 4800 sf
Business Operation
- Expansion Potential:
-
Add delivery and more social media
- Competition / Market:
-
The only Restaurant of this type of food in the area.
- Reasons for selling:
-
Retiring
- Trading hours:
-
7 Days 11am-10pm
- Years established:
- 10
