Hot Listing

Beverly Cafe

Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

Beverly Cafe


Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
The Boston Restaurant Group offers for your consideration an opportunity for a cafe located in a busy office park. Strong lunch business. Attractive build out. Great opportunity for a working owner/operator. The seller is looking to downsize to focus on their other locations.

LOCATION: Beverly, Massachusetts, 01915

SIZE: The restaurant is approximately 1,383 square feet of space.

SPACE: The interior was remodeled in 2022. The footprint features a seating area, a takeout section, kitchen and rest room. There is no basement.

CONCEPT: Quick service concept.

SEATING: Licensed for 12 patrons inside, plus outdoor seating for 12 patrons.

PARKING: There is ample parking available.

HOURS: Open 3 days Wednesday – Friday: Lunch: 11:00AM – 2:00PM, by choice. The cafe can be open longer hours and for more days.

RENT: The gross rent is approximately $2,500 mo. / $30,000 year which includes the use of some equipment.

LEASE TERM: There is approximately two years remaining, plus an option of five (5) years. The lease also includes the use of several pieces of equipment.

SALES: Sales are approximately $2000 wk., open 3 days a week, a total of 9 hours a week.

PRICE: The asking price for the assets, use of several pieces of equipment and the improvements is $50,000.

COMMENTS: There is potential to increase revenue by expanding the hours of operation and promoting catering or prepared meals. The asking price is based upon the turnkey condition, the quality of the improvements and the lease.
About the Business
Website
https://www.bostonretsurantgroup.com
Real Estate
Owned or Leased
Leased
Listing Info
ID
2363880
Listing Views
2189

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Business Listed by: Heather Perkins The Boston Restaurant Group Inc.

Listing ID: 2363880 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.