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Business For Sale

OCEANFRONT RESTAURANT WITH REAL ESTATE

Attn: Todd Smith
Not Disclosed, MA, USA
Listing #: 221424983
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Asking Price: $1,500,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retiring
Year Established: 1965
Yearly Revenues: $2,350,000
Yearly Cash Flow: $350,000
Yearly Net Profit: $350,000
Yearly Gross Income: $2,350,000
 

Business for Sale Overview:

Very successful restaurant located on an Oceanfront parcel with spectacular views in Bristol County. This award winning restaurant is a landmark that is highly visible and very accessible. This restaurant is loaded with opportunity, the business and property could be taken over as is or an operator could invest for aggressive growth. Expansion plans have been drawn up and approved. There is also the opportunity to build docks off the pier to attract boating tourists. There is the option to purchase just the business could continue to lease the property. This is a must see opportunity.


Property Features and Assets:

The restaurant space is approximately 5,100 square feet with a 275 person seating capacity. The space consists of a bar/lounge, two large dinning rooms, kitchen and bathrooms. The Parcel contains 0.979 acres of land mainly classified as Restaurant/Bar with a dining lounge style building. The structure was built in 1960 and is approximately 5,711 square feet.


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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