Restaurant & Wine Bar. Retiring Business Owner

Listing Number: 80041-785497

Description

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. 

Listing Details

• Price: $449,000
• Down Payment: --
• Sellers Discretionary Earnings: $130,000
• Total Sales: $932,291
• Location: Middlesex County, Massachusetts


• Inventory: $0
• FF&E: $106,000
• Employees: 8
• Year Established: 2009
• Reason for Selling: Moving
• Category: Restaurants