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South Shore Cafe - Strong Location with option on R.E. |
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Monday, 07 April 2008 15:03
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Very strong location with an option to purchase the Real Estate. This site enjoys very heavy traffic counts 85,000 cars per day. This is a highly visible and accessible site surrounded by complimentary businesses in the immediate area.
| Facility |
This is a stand alone building. The restaurant space is approximately 2,500 square feet with a 50 person seating capacity. The space consists of a dinning room, kitchen, bathrooms and second floor storage and office space. There is no basement. There is seating for approximately 50 persons in the dinning room, however the fire code allows for 70 seats. There is additional space available outside for patio seating.
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| Opportunity |
This space has a lot of upside, currently they are open for breakfast and lunch, an operator could change to lunch and dinner in order to grow sales and customer base. Additionally if some improvements were made to the outside of the building, patio and signage it would help to grow business significantly.
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| Parking |
There are 40 parking spaces on this property dedicated to the restaurant.
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| Equipment |
The furniture, fixtures and equipment are in excellent condition and have been well maintained and are of good quality.
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| Real Estate |
An option to purchase the property is available for the right buyer.
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| Concept |
The current concept is a Cafe Deli. Open from 6am - 3pm.
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| Rent / Lease |
The rent approximately $45,000 annually. The current lease has five (5) years remaining with one five (5) year renewal option; however the landlord is most likely going to want to sign a new lease.
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| Licenses |
Common Victualler
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| Sales |
The sales are approximately $565,000 annually.
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| Price |
The asking price for the business is $250,000
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Restaurants for Sale - MA 
