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Listed by Ranjan Budhathoki • Onest Real estate
$ 349,000
Est. payment | /mo
$ 349,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5070855
Property Description
Fully Equipped, Profitable Restaurant & Bar with Growth Opportunities Established in 2019, this Restaurant is a profitable Nepali-Indian restaurant and bar strategically located in a high-traffic area of Watertown, MA. This turnkey operation generates impressive annual revenue of $1,200,000 with strong year-over-year growth, demonstrating the business's solid market position and operational excellence. Key Business Features: • 89-seat capacity restaurant with full liquor license and live entertainment permit • Authentic Nepali-Indian cuisine with loyal customer base and strong online presence • Complete FF&E package valued at $100,000 included in sale • Inventory valued at $20,000 • Absentee owner operation proving business systems and management structure Financial Highlights: • Annual revenue: $1,200,000 • Lease: $6,200/month through December 31, 2027 • Asking price: $349,000 • Seller financing available Growth Opportunities: • Untapped potential in bar revenue and live entertainment events • Catering and delivery expansion possibilities • Extended operating hours and private party hosting • Enhanced marketing initiatives to attract new customers The current owner, focused on other business ventures, provides an excellent opportunity for a dedicated operator to maximize this restaurant's potential. Located in a vibrant dining district with steady foot traffic, the business successfully competes through its authentic cuisine and inviting atmosphere.
Location
State MA
County Ma-middlesex
Area Ma-Middlesex
Zoning Comercial
Interior
Inclusions Equipment
Exterior
Utilities Available Gas at Street
Building
Sewer Public
