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Prime Location with Full Liquor, Cambridge

Cambridge, Massachusetts (Middlesex County)

Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price $240,000 Inventory $10,000** 
Gross Income $400,000 Real Estate  
Cash Flow $160,000 Year Established 1998
FF&E $120,000* Employees 10

* included in the asking price

** not included in the asking price

Prime location situated in a popular Square in the City of Cambridge. This space has a full liquor license and seating for 100 persons. This location is in the heart of the action and the space is ideal for most any concept. The current concept is very profitable but a more mainstream concept would have a much higher sales volume. LEASE TERM: Five (5) year lease with 2 Five (5) options available. BASE RENT: $6,500 per month (includes NNN) CONCEPT: Full Service Restaurant SEATING: 100 seats HOURS: 11:00 AM 12:00 PM LICENSES: Full Liquor (1:00 AM) SALES: Approximately $400,000 CASH FLOW: Approximately $160,000

Facilities: This is a great location corner unit with parking. The space is approximately 2,200 square feet plus a full basement. The facility has a functional layout and has seating for 100 persons.

Seller Financing Available: Yes

Financing: Seller financing available to qualifed buyers

Support/Training: Training will be provided

Reason Selling: He owns too many restaurants

Business For Sale By

Todd Smith

617-901-3225

Corbett Restaurant Group

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