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Business For Sale
LANDMARK RESTAURANT, SEACOAST TOWN, NO. OF BOSTON
Attn:
Dennis Serpone
North of Boston seacoast town, MA, USA
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Listing Number: "DS"
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Listing
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Asking Price: |
$$500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retiring. |
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Yearly Revenues:
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$$1,100,000 |
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Yearly Net Profit:
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$$300,000 |
Business for Sale Overview:
HOW MANY PLACES DO YOU KNOW THAT GROSS $20K PER WEEK...IN ONLY 4 SHORT HRS PER DAY? A SEASONED OPERATOR COULD REPLACE THIS OWNER AND NET MORE THAN $350K PER YEAR. A PREMIER HANGOUT FOR OTHER CHEFS, POLITICIANS, CELEBRITIES, AND OTHER VIP GUESTS.
MAGNIFICIENT IN EVERY WAY. WATCH THE JAGS, MERCEDES, LEXUS, PORCHES, AND FERRARIS PULL UP. 128 seats, piano bar and beautiful dining rooms. ONLY ASKING $500,000 and you can have an Option on the Real Estate. Easily financed through the SBA.
THIS IS A ONE-OF-A KIND PLACE!!
Property Features and Assets:
Footprint of the bldg. is approximately 5,000 sf.
Free-standing colonial bldg. in a seafaring town...close proximity to the waterfront and huge tourist-retail area.
Market Competition and Expansion:
SEVERAL OTHER GOOD RESTAURANTS IN TOWN...NONE HOLD A CANDLE TO THIS ONE.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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