Profitable Restaurant & Bar With Great Upside For Sale - Business for Sale
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Restaurant & Bar in Somerville, MA
Somerville, MA, US
Added 1 month ago
Restaurant & Bar
A full-service restaurant and bar located in Somerville, MA, with a capacity of 140 seats and an outdoor patio.
Key Information
Asking
$500K
Revenue
$2.4M
Earnings
$230K
Multiple
2.2x
Key Highlights
- Buyer must assume a $250,000 note from the landlord.
- Restaurant size is 4,300 sq ft on the ground floor, with additional basement space.
- Seating capacity is 140 inside, plus an outdoor patio with 45 seats.
- Lease has 8 years remaining with a 10-year renewal option; base rent is $21,250/month plus approximately $3,000/month NNN.
- Full liquor license included.
Contact Info
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