Massachusetts Business For Sale - Restaurant - George & Company

Great Location for Restaurant $150,000 All Included #15513

Princeton, MA

Asking Price: $150,000

Cash Flow: $129,000

Gross Revenue: $1,311,279


FF&E: $99,000

Inventory: $4,000

Lease Rate/Sq. Ft.: $9.15/SF/yr

Employees: 10-16

Established: 1996

Asset Sale Description

4,000 square-foot restaurant in a profitable, leased location. 

Former restaurant had gross sales upward of $1.3M.

Included for $150,000 is:  all kitchen operating equipment, refrigeration units, bar, restaurant tables, chairs, dishware, linens, and all equipment and furniture for catering.

Detailed Information

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 4,000

Lease Expiration: N/A

Employees: N/A

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: The 4,000-sq. ft. property is owned by Post Office Place Realty Group and managed by Wellington Property Management Group of Westborough, MA. The current lease cost is $36540 per year and is valid through June of 2018. The negotiations and issuance of a new lease will be the responsibility of the prospective new owner.

Competition: N/A.

Growth & Expansion: N/A

Financing: N/A

Support & Training: N/A

Reason for Selling: Relocation

Contact: Chip Emerson

Contact Phone: 508-753-1400  

Contact Email:  

Looking for More Information?

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