Profitable BBQ Restaurant North of Boston. This very attractive business was completely renovated at a cost of $1.3 Million in 2018. Below market rent and strong, loyal customer base with no competition in the area. They are also offering a full commercial kitchen on wheels for purchase which is used for off-site events but is not included in the asking price.
FACILITY: The facility and equipment are like new built three years ago
PARKING: Plenty of parking in lot
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 6 years with options
BASE RENT: $6,000 plus NNN (NNN = $3,500)
CONCEPT: BBQ Restaurant
SIZE: 8,400 sf
SEATS: 200 Seats
HOURS: Open 6 days/week
LICENSES: Full Liquor License
SALES: $1,250,000 (with limited hours)
CASH FLOW: $338,000 (per year)
ASKING PRICE: $589,000 (For the Business) – Some Seller Financing Available for Qualified Buyers
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