Business Overview

Profitable Italian Restaurant with desirable hours in Boston’s financial district. Mostly take-out and delivery. Everything on the menu from handmade pasta and sauces to antipasti, pizzas and award-winning sandwiches are made from scratch. The business has 10 years of success, the owner wants a larger sit-down restaurant. Great opportunity for an Owner/Operator.

FACILITY: The facility is in good condition and in working order
PARKING: Street parking & public garage
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 4 years remaining with one (1) five-year option
BASE RENT: $4,900
CONCEPT: Quick Serve Italian
SIZE: 1,000 square feet with 200 sq. ft. basement space
SEATS: 14 seats
HOURS: Open 6:30AM-3:00 PM Monday – Friday
SALES: Historically over $780,000/yr.
CASH FLOW: $147,412 in 2020


  • Asking Price: $185,000
  • Cash Flow: $147,412
  • Gross Revenue: $780,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell companies. Nonetheless, the real reason vs the one they tell you may be 2 entirely different things. For instance, they may state "I have too many other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be excuses to attempt to hide the reality of changing demographics, increased competitors, current decrease in earnings, or a range of other factors. This is why it is extremely crucial that you not rely absolutely on a vendor's word, yet rather, make use of the vendor's response along with your total due diligence. This will paint an extra realistic picture of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans in order to cover points such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that profit margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that need to be met or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract new customers? Many times, businesses have repeat clients, which create the core of their daily earnings. Specific variables such as new competition growing up around the area, roadway building and construction, and also personnel turn over can influence repeat consumers as well as negatively impact future incomes. One crucial point to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business regularly, the greater the chance to build a returning client base. A final thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood median house income influence future revenue prospects?