Elevated Fast-casual Concept In Somerville For Sale

Description

This fully built out quick service restaurant is for sale in a high foot traffic area. There is a full open kitchen on the street level with a Type I hood. The basement has full ceiling height with a walk in cooler and plenty of storage. It is a great location to serve both locals and college students. Parking includes street parking nearby. The equipment is in excellent condition and has been well maintained. The lease runs through 2027 with two five year options. Base rent is seven thousand five hundred dollars per month plus triple net charges of approximately five hundred dollars per month. The concept is an elevated fast casual concept. The size is one thousand one hundred square feet plus a full basement with high ceilings. Seating accommodates approximately twelve to sixteen guests. The business is open daily from 11 AM to 12 AM. A CV license is included. Sales are fifty thousand dollars per month, with historical annual sales ranging from eight hundred thousand to over one million dollars. The asking price is three hundred fifty thousand dollars for the business, and the name and brand are not included.