Conversion Opportunity – Greater Boston

Sale Pending

Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&ENot Disclosed

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Conversion Opportunity – Greater Boston


Sale Pending

Asking Price$99,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$800,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This is a rare opportunity to own an established restaurant in one of the most prestigious and dynamic neighborhoods outside of Boston. The restaurant scene is known for its diversity and eclectic offerings. This is your chance to add a unique flavor to the mix, whether it's the keeping the existing Latin American concept, or converting to a trendy bistro, cozy café, or any other fine dining establishment. You will serve a vibrant community that includes students, professors, locals, and tourists. This restaurant boasts a very sought-after and beautiful garden patio seating area, offering an al fresco dining experience like no other in the heart of a very desirable neighborhood! Sales can be increased by expanding operating days/hours.

PARKING: Local street and city parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 3 years remaining with one (1) five-year option
BASE RENT: $6,488 per month
CONCEPT: Latin American Restaurant
SIZE: 1,500 square feet plus garden
SEATS: 49 inside, 22 outside
HOURS: Open 6 days/week for Lunch & Dinner
LICENSES: CV & Beer and Wine License
SALES: Pre-Covid sales of $800,000

ASKING PRICE: $99,000 (For the Business)
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2195765
Listing Views
1509

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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2195765 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.


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