Classic North End Restaurant with Long History of Success - Corbett Business Sales & Acquisitions
Suffolk County

Classic North End Restaurant with Long History of Success

Offered At
$ 649,000.00


Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
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Year Established
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Includes REA
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Classic North End Restaurant with long history of success. This has been a successful restaurant for decades and with a strong cash flow it is a very appealing opportunity. The owners are retiring, and they are looking for a good Buyer and Tenant for business and building.

Parking: City Lots – limited street parking
Lease Terms: 10 years with two (2) five-year options
Base Rent: $12,000 NNN
Seating: Capacity for 99
Size: Approx. 5,000 total square feet
Hours: Mon-Fri 4p-10p; Sat 12p-10p, Sun 12p-9p
Licenses: Beer/Wine/Cordial
Concept: Italian
Cash Flow: $300,000 per year
Sales: $1,250,000 per year
Asking Price: $649,000 (For the Business)

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