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Listed by:

Transworld Business Advisors of Boston

Restaurant & Wine Bar In Middlesex County For Sale

Middlesex County, Massachusetts, US
Asking Price:
$449,000 Furniture / Fixtures included
Sales Revenue:
$932,291
Cash Flow:
$130,000

20+ year old Restaurant with Beer & Wine license.
Hours
Tue-Thur Dinner Hrs
Fri-Sat Lunch/Dinner
Sunday Lunch/Dinner
Employees- 8
Longest tenured employee- Full time cook of 17 yrs
Restaurant seats up to 66 guests
Outdoor patio seats up to 36 guests
Sq footage- 2,470+ (Under $30/sq ft)
Basement storage space
Lease through Sept 2027. Landlord is aware of ownership transfer.
Rent $5700/mo
Owner performs admin tasks such as payroll, inventory and ordering
Low turnover but plenty of job inquires in this busy part of the city!
No renovations needed.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date
January 1, 2027, 6:00:00 AM

Leasehold Rent:

$5,251 per annum

Lease Rent:
$2,470 per sq ft per annum

Business Operation

Reasons for selling:

moving

Trading hours:

T-W-Th 4-9:30p F/S 12-10:30p Sun 12-9p

Employees:
8
Years established:
2009

Other Information

Support & training:

3 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$106,000 - included in the asking price