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    A Chef’s Dream in Essex County

    A CHEF’S DREAM - ESSEX COUNTY – FINANCING AVAILABLE!

    A CHEF’S DREAM – ESSEX COUNTY – FINANCING AVAILABLE!

    Newly built out full service restaurant with an exceptional look and upscale atmosphere.  This turn-key restaurant and lounge is in outstanding condition with over $600,000 spent on a recent renovation.  This is truly an ideal setup, it has everything a General Manager or Chef would want.  This is run absentee at the moment but gross sales and the bottom line could be significantly improved with involved Owner/Chef.  This Seller is willing to offer financing with $150,000 down which is a great opportunity for a Buyer with limited cash.

    • LOCATION: Essex County
    • PARKING: On street parking & public parking lot.
    • CONDITION: EXCELLENT
    • LEASE TERMS: Five (5) years remaining on the lease with 3 five year options
    • RENT: $4,372 per month (This includes the triple nets)
    • CONCEPT: Full Service Restaurant & Sports Lounge
    • SEATING: 100 seats inside plus 20 outside.
    • SIZE: 1,900 s/f
    • HOURS: 11:00 AM – 1:00 AM
    • LICENSES: Full Liquor & Entertainment (1:00 AM)
    • SALES: $800,000
    • CASH FLOW: $125,000 (recast as an owner/operator)
    • ASKING PRICE: $449,000 (Some financing is available for Qualified Buyers)

     Download NDA | For more information please contact Todd Smith at (617) 948-3394.

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    S.J. Torreshttp://www.dirtywaternews.com
    S.J. Torres launched Dirty Water News in 2011. In writing and editing for Dirty Water Media, S.J. combines his innovative style and energy with years of nightlife experience. He has been an instrumental influence in the Boston nightlife scene since managing Daisy Buchanan at the start of his career and ultimately becoming an owner of Howl at the Moon and Down Ultra Lounge.

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