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Event Facility with Full Liquor License & Entertainment |
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Monday, 07 April 2008 15:03
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Function Facility/Restaurant with high profile location in Somerville. Centrally located this location enjoys very high traffic counts and heavy traffic. This densely populated site is surrounded by business and residences.
| Facility |
The space is approximately 8,000 square feet and it is comprised of two bars, a kitchen, two offices and six restrooms. The space has a capacity of 461 persons. The building and facility are in good condition. There is a parking lot across the street and behind the building which comprises 52 parking spaces. There is also ample street parking.
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| Lease |
The lease has six (6) years remaining. The landlord is willing to extend or add options.
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| Rent |
Rent is currently $9,056 monthly NNN. The rent does include heat and hot water. Air conditioning is not included.
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| Equipment |
The equipment is in good condition and has been well maintained and is of good quality. All equipment is included in the price.
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| Opportunity |
The space has a very functional layout and design that can be used as is, or converted to into a configuration that will allow for a restaurant and a function facility or one large restaurant.
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| Licenses |
Full liquor license and Entertainment license
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| Sales |
Average sales are approximately $414,000
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| Price |
The asking price for the business is $250,000
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Restaurants for Sale - MA 
