Fast Casual Restaurant In Boston For Sale

Description

Fully built-out quick-service restaurant space for sale in a high-foot-traffic location. The business is currently closed, but the kitchen, restaurant infrastructure and lease remain in place for a buyer looking to reopen under a new or similar concept.

Space

• Approximately 1,000 sq. ft. total
• Upper level: approximately 500 sq. ft.
• Lower level: approximately 500 sq. ft.
• Full kitchen on the lower level
• Type I hood
• Several bar seats for limited dine-in service
• Primarily configured for takeaway business

Lease

• Approximately six years remaining
• Base rent: $6,147.56 per month
• NNN charges: approximately $1,400 per month
• Total stated occupancy cost: approximately $7,547.56 per month before utilities and other expenses

Buyers should confirm future rent increases, assignment requirements, renewal options and any landlord approval needed for a new concept.

Equipment

The seller reports that the existing restaurant equipment is well maintained and in good operating condition.

A detailed equipment list should be reviewed to confirm exactly which kitchen equipment, fixtures and furnishings are included in the $99,000 asking price.

Location and concept

The restaurant is positioned in an area serving both local customers and visitors. Public city parking is available nearby.

The existing layout is suitable for a quick-service or takeaway-focused concept and may reduce the buildout required compared with starting from an unfinished retail space.

License

A Common Victualler license is represented as part of the current setup. Any continued or new restaurant operation will remain subject to applicable local licensing and approval requirements.

Sale terms

• Asking price: $99,000
• Business currently closed
• Existing buildout and equipment included subject to verification

Due diligence

Because the operation is currently closed, buyers should evaluate this primarily as a restaurant asset and lease acquisition rather than relying on ongoing business cash flow.

Buyers should verify equipment ownership and condition, lease terms, hood and fire-suppression compliance, utility capacity, licenses, landlord approval, any outstanding liabilities and the exact assets included before closing.