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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Prime Restaurant Location North Shore

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $520000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  6 - 9
Inventory  120000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Other interests.
Description  This space is loaded with opportunity; it is a prime location that is a highly visible and accessible site with tremendous growth potential. This location is ideal for almost any concept. The site is currently an Asian concept but might have greater potential with a concept of more general appeal and/or more focus on alcohol sales. Perfect for a Chef, Owner/Operator. FACILITY: This stand alone restaurant space is approximately 3,000 square feet with a 160 person seating capacity. The space consists of a large bar & dinning area and two function rooms. PARKING: There is a private parking lot and free on street parking EQUIPMENT: Is in good condition and has been well maintained and is of good quality. CONCEPT: Asian Cuisine & Cocktails SEATING: There is seating for approximately 160 persons. This seating includes two functions rooms with 30 seats each. The layout is functional and allows the seating to be used interchangeably. HOURS: 11:30 AM- 10:30 PM LICENSES: Full Liquor, TV Entertainment, C.V. RENT: $9,000 per month LEASE: The current lease has seven (7) years remaining with renewal Options available SALES: Approximately $520,000 in 2008. (Historically $850,000 annually) CASHFLOW: Approximately $56,000 in 2008 ASKING PRICE: $210,000 (Or Best Offer) Contact for more information on this Restaurant for sale.
Click Here To Contact Seller

    

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