Elevated Fast Casual Concept – Somerville
Under Agreement
Fully built-out quick service restaurant 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 is full ceiling height with a walk in cooler and plenty of storage. It’s a great location to serve both locals and college students.
Property Details
- Listing Price
- $350,000
- Listing Price (Additional Notes)
- (For the Business – Name/Brand Not Included)
- Type
- Fast Casual
- Concept
- Elevated fast_casual Concept
- Sales
- $1,000,000
- Sales (Additional Notes)
- $50K/month. Historically $800-$1M+ annually
- Location
- Somerville
- State
- Massachusetts
- County
- Middlesex County
- Square Footage
- 1,100
- Square Footage (Additional Notes)
- plus full basement with high ceilings
- Seating
- 16
- Parking
- Street parking nearby
- Base Rent
- $7,500
- Base Rent (Additional Notes)
- plus NNN (NNN= Approx. $500/mo.)
- Lease Terms
- Lease through 2027 with two (2) five-year options
- Includes Real Estate
- No
- Liquor License
- No
- Licenses
- CV
- Hours
- Open daily 11a-12a
