Stunning Build-Out Southern BBQ Restaurant & Bar - Corbett Business Sales & Acquisitions
Middlesex County

Stunning Build-Out Southern BBQ Restaurant & Bar

Offered At
$ 259,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
338000
EBITDA
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FFE
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Year Established
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Includes REA
0
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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Description

Outstanding Southern BBQ Restaurant and Bar. Incredible Build-Out; no expense was spared in this 8,500 square foot space. Beautiful bar, multiple dining areas, and function space. State-of-the-art kitchen is a chef’s dream and set up to handle high volume. This is a turn-key opportunity and perfect for a seasoned operator or someone looking to expand their brand into this outstanding location just north of Boston. Keep as is or an easy conversion to any concept; Brewery or Mexican would do excellent here. This is a must see!!! Below market rent and strong, loyal customer base with no competition in the area. Seller has other business interests and wants a quick sale!!! They are also offering a full commercial kitchen on wheels for purchase which is used for off-site events but is not included in the asking price.

Parking: Plenty of parking in lot
Lease Terms: 6 years with options
Base Rent: $6,000 plus NNN (NNN = $3,500)
Seating: 200 Seats
Size: 8,400 sf
Hours: Open Thursday – Sunday
Licenses: Full Liquor License
Cash Flow: $338,000 (per year)
Sales: $1,250,000 (with limited hours)
Concept: BBQ Restaurant
Asking Price: $259,000 (For the Business Assets) – Food Trailer for sale separately for $85,800

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