Profitable Breakfast Restaurant!

breakfast
$295,000

Listing #: 1624

Location: South Shore of Boston 

Description: This long-established neighborhood breakfast restaurant serves the best breakfast and homemade muffins on the south shore! It has been successful through several owners over its long history. You could be next. The restaurant has plenty of parking and the numbers shown represent Covid hours of 630 AM to 12 noon only!  (7AM to 12 noon on Sundays) Pre Covid the restaurant was open until 2PM and had a strong lunch business. The menu is simple to prepare yet satisfying and, most importantly, profitable!  Owner states that a good lease is available. All equipment is in good working order.  A full equipment list is available.   If you are looking for your first location or your tenth, this could be the right place for you!                                               

Financial Information:

Yearly Gross: $400,000
Cash Flow / SDE:
$150,000
Assets / FFE:
$70,000 (Included)
Inventory:
$0 (Not Included)
Lease: $1875 per month
Financing:
Pending SBA Pre-Screen
Asking:
$295,000

General Information:

Year Established: 1956, Current Ownership; 2007

Facilities: seats 34

Type of location: Retail store front with takeout counter and seating for 34
Growth and Expansion: Could offer catering or expand into lunch hours

Support/Training: Owner will assist for a smooth transition

Reason Selling: Retirement
Employees: 4 PT, 1  FT

Franchise: No   Home-based: No   Re-locatable: No

County: Norfolk          

 

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate

Broker: Gary Rayberg

Phone: 781-682-6209 ext. 208

Email: info@roibusinessbrokers.com