Opportunity to Acquire a Restaurant in Newburyport, MA – Bring Your Own Concept!

Description

Opportunity to acquire a small restaurant and cafe that was newly built out approximately a few years ago.  The restaurant, Lin’s Little Kitchen, opened at the start of Covid and is now closed.  The dining room has 40 seats and two bathrooms, and there is approved seating for 16 outside during the summer months.

It is located in the heart of beautiful downtown Newburyport, MA.  There is a full kitchen with hood and grease trap. It is nearby to parking, hotels, private residences and many businesses.  The acquisition includes the furniture, fixtures and equipment and a favorable lease.

Detailed Information:

Asking Price: $95,000

Revenues: $800,000 (2019 Full Year when it was Dos Amigos)

Furniture, Fixtures & Equipment (FF&E): $35,000 (Estimate)

Lease: June 30, 2025

Facilities: 1,682 +/- square feet of usable space in downtown Newburyport, MA. The interior seating count is 40 in addition to seating for 16 outside during the summery months.  Rent is $4,352 per month plus utilities.

To receive additional information on this opportunity, please complete contact info@FirstStreetBB.com.

   

 


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