Somerville Cafe w/Catering

Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Somerville Cafe w/Catering


Asking Price$275,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This is an exciting opportunity with an attractive buildout and a high profile location. This space is ready to bring your culinary vision to life in a thriving neighborhood.

ADDRESS: Somerville, Massachusetts 02143

CONCEPT: Specializing in Breakfast, Lunch & Catering.

SPACE: Approximately 2,760 square feet.

PARKING: There are 3 parking spaces for the restaurant and there is ample on-street parking available in the immediate area.

SEATING: There is seating for 60 patrons.

HOURS: The restaurant is open daily 7:30AM – 3:00PM.

CONDITION: The restaurant appears to be well maintained and was a new build-out a few years ago.

SALES: Sales in 2024 were $1,354,000.

LEASE TERM: The landlord may consider a long term lease for a qualified tenant.

RENT: Approximately $7,000 monthly, NNN / $84,000 annually +/-, NNN

PRICE: The asking price for the assets of the business is $275,000, or with the real estate asking $1,700,000.

COMMENTS: There is potential to increase sales by extending the hours of operation to open for dinner and applying for either a liquor license or a beer & wine license. The seller has recently relocated and is open to considering selling the real estate (condo space). Ideal opportunity for an owner/operator or a regional chain looking to expand into the Somerville market.


Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
About the Business
Franchise
This business is an established franchise
Website
https://www.bostonrestaurantgroup.com
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,760
Listing Info
ID
2262883
Listing Views
1531

Contact Seller

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

Listing ID: 2262883 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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