Details

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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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.