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Prime Restaurant With Bar And Cafe In Cambridge For Sale

Cambridge, Massachusetts, US
Asking Price:
$345,000 Furniture / Fixtures included
Sales Revenue:
$2,500,000
Cash Flow:
Undisclosed

This is a great opportunity to acquire a beautifully positioned Restaurant & Bar in a highly desirable Cambridge location. Surrounded by businesses, universities and residences, this site offers many of the activity generators an operator is looking for. With a like new build-out, the restaurant boasts a modern, stylish interior, full kitchen + bar, and an outstanding patio. The Seller is moving to a larger location to accommodate their growing business. This is an excellent conversion opportunity for a Buyer that is ready to plug and play. The name is not included in the Sale. Email for details!

PARKING: Street parking, local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:2 years remaining with one (1) five-year option (more options available)
BASE RENT: $11,070 per month (includes NNN and storage area in parking garage at
$100/mo.)
CONCEPT: Full-service restaurant / Cafe
SIZE: 2,328 sq.ft. with 2nd floor mezzanine
SEATS: 87 with (40 seats outside April-November)
HOURS: Open daily
LICENSES: Full Liquor License (City issued No Value)
SALES: $2,500,000 per year

ASKING PRICE: $345,000 (For the Business – Name Not Included)

Property Information

Real Estate:

Lease