Casual / Upscale Dining Facility With Real Estate

Location: United States -> Massachusetts
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

This elegant restaurant has it all: three restaurant choices under one roof. A modern upscale decor yet casual dining room or dine in the main floor romantic Dessert & Piano lounge, or enjoy a great atmosphere with your meal / drinks in the Bistro / Grille. Also ideal for meetings, luncheons, dinners, birthdays, showers and rehearsal dinners.

– Upscale American cuisine with a twist
– State of the Art POS system provides detailed monthly sales and expense reports. Attractive web site includes online menu.
– Currently opened for lunch, Tuesday thru Friday and dinner, Monday thru Saturday.
– Restaurant furniture, fixtures & equipment are in excellent condition and included in asking price.

Located in city’s restaurant row which is the central location for dining, Within walking distance to train station and close to a large medical hospital, the largest employer in the city. Contact for more information on this Restaurant for sale.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $850,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  20 – 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  If needed, the owner is willing to stay on to assist the buyer in a transitory capacity.
Reason For Selling:  Wish to concentrate time on other business interests.