- CountyMiddlesex
- Where business happensUnion Square, Davis Square, Assembly Row, Magoun Square
- Who sells hereBakeries, restaurants, studios, makers and small service firms
What buyers see in Somerville
Somerville has a young, dense customer base and many independent food shops, studios and service firms. Buyers like the foot traffic and repeat local customers.
They also look hard at rent, staff costs and how much of the brand depends on the founder.
What raises the price here
Strong, documented margins and a lease with years remaining carry weight. Food businesses should show clear ingredient and labor costs, and prove the books match the register.
Read the page on neighborhood restaurants to see what buyers check.
Somerville paperwork to expect
Food businesses should expect permits, a business certificate and state tax accounts. Start with the sales and meals tax guide and the business certificate guide.
Ask the city about permits that need to change names.
Questions a Somerville buyer will ask
Buyers ask why you are selling, how many hours you work and whether the recipes or methods are written down. They also ask about your landlord and your lease.
Next step
If your Somerville company brings in about a million dollars a year or more, request a value estimate or call (617) 555-0158.
