How much does a restaurant for sale in Massachusetts cost?
Massachusetts restaurant acquisitions range widely depending on market and concept. Asset sales typically start from $35,000 to $150,000. Full business sales range from $120,000 to over $1,500,000. Boston and Cambridge command the highest prices while secondary markets like Worcester, Springfield, and Lowell offer lower entry costs.
What are restaurant lease rates in Massachusetts?
Massachusetts restaurant lease rates vary dramatically by market. Prime Boston locations in the Back Bay and Seaport average $50 to $80 per square foot annually. Cambridge and Somerville range from $38 to $65. Newton, Brookline, and Quincy run $30 to $48. Worcester, Lowell, and Western Massachusetts typically range from $18 to $30 per square foot annually.
What types of restaurant transactions are listed in Massachusetts?
Pepperlot lists business sales, asset sales, and property sales across Massachusetts. Asset sales transfer equipment and lease only, keeping the seller's liabilities out of the transaction. Business sales include the full operation, brand, permits, and staff, including any quota limited liquor license which is a valuable transferable asset in most Massachusetts cities.
Which Massachusetts cities have the most restaurants for sale?
Boston, Cambridge, Somerville, and Worcester are the most active markets on Pepperlot. Newton, Quincy, Lowell, and the North Shore cities of Lynn and Salem also have a growing number of listings with varying entry costs.
Can I list a restaurant for sale anywhere in Massachusetts on Pepperlot?
Yes. Listing on Pepperlot is free. Create a restaurant specific listing with details like hood systems, seating, permits, and lease terms, and your space is in front of buyers the same day. Confidential listing options are also available.
