Business for Sale Overview:
Excellent location beach block .. This business is located in a large condo complex w/50 residential units. Located on the lower level of the condo complex. They are currently only open on weekends for dinner in the winter. In the summer they are open 7 days a week for dinner only. There is plenty of potential for growth for a new owner operator to increase the hours of operation for breakfast and lunch to build sales. The owners pay a chef $20,000 a season to operate. Perfect second location for a restaurant owner who wants a shore business. Upscale menu. Could be converted to a more casual dining to increase business. This town has 4,000 year round residents. There is a large demand in this town for full service catering off premises that the current owners do not currently take advantage of.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Restaurant is 1,475 Square Feet with seating for 66. Popular BYOB. Commercial Condo on lower level of complex which could be converted to residential.
Market Competition and Expansion:
Could increase hours for breakfast and lunch in summer and add off premise catering for additional cash flow.
Reason for Selling:
Other Interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.