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Broker Biography
Introduction
Mr. Starfield has been an entrepreneur and consultant with experience in companies both large and small. As a consultant in Cape Town, South Africa he worked with large multi-division businesses. Then in Boston, MA with C.W. Downer & Co. (now Alantra), an independent, global boutique firm, Mr. Starfield worked on mid-market M&A projects.
He has owned and franchised a chain restaurant operation; sandwich and cheesecake restaurants and a disc and USB duplicating business.
He has continued his consulting work with Community Action Partners, a volunteer organization of Harvard Business School and Harvard Kennedy School alumni helping Boston-area nonprofits apply management skills to their business challenges. His CAP projects have included the USS Constitution Museum, the Isabella Stewart Gardner Museum, The Food Project and the Peabody Essex Museum.
Services Provided
Business Brokerage; Consulting; Mergers; Acquisitions; Valuations
Areas Served
Business For Sale Listings
Cash Flow: $175,000
Essex Co., MA Established Italian Restaurant with Liquor - Premium Downtown Location Steady record of profitability and good lease with great landlord Financing available
Turnkey Italian restaurant with wood-fired pizza oven, upscale-casual dining, alcohol, catering, and nonprofit revenue streams. Profitable, 2.0x SDE multiple, fully equipped and immediate cash flow. Prime downtown location, loyal customer base, trained staff, and growth via events. Own a respected, thriving operation—no additional investment needed. Ideal for owner-operator or expanding restaurateur. This is not a startup - this is a cash-flowing restaurant business with demonstrated profitability and established systems ideal for an owner-operator with restaurant industry experience, an operator looking to expand or an entrepreneur looking for a way to enter the field.Premium Revenue Multiple: At 2.0x SDE, this investment offers exceptional value in today's market where quality restaurant acquisitions typically trade at 2.5-3.5x earnings.Turnkey ... Less
Beverly, MA
View Details Under Agreement - All Offers Considered - Cafe/Coffee Shop Beverly.
The seller has accepted an offer, but closing cannot be guaranteed. Expressions of interest will be accepted in case this falls through and the business is in a position to close a sale.Owners have two other locations in nearby towns and are focusing on those, so the name is not included in the sale. Sales increased about $100,000 to $410,000 in 2023 with the new ownership and were $362,000 in 2024, down slightly because the owners were not focused on this unit. This is a great opportunity for anyone wanting to get a fast start with a coffee shop located on a busy downtown street in an area known for having many food options. There's a college within close walking distance and residential areas nearby. Rent is very reasonable for the area and just 5% of sales. The space is well appointed and consists of 800 sq. ft. on the ground floor, with a full basement. Less
