Popular Family Restaurant w/Real Estate

Not Disclosed, MA
Bristol County


Asking Price: Annual Revenue:
$630,000 $1,105,477

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Family Restaurant w/Real Estate Broker: Adam Bradshaw

Quick Facts

Asking Price: $630,000
Annual Revenue: $1,105,477
Net Profit: Not Disclosed
Cash Flow: $176,637
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: $275,000
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 771535713
Broker Reference #: 19864

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Business Overview:

The restaurant and real estate are well known in this area.
Serving lunch and dinner with a full liquor license, the restaurant offers a wide variety of homemade cooking at affordable prices, including some ethnic house specialties and other customer favorites.

Entrees are served at both table and bar-side seating in a relaxed and casual setting that customers appreciate. Take-Out (35%), party platters and buffet banquet functions are also popular offerings at the restaurant. A landmark at its location for over 50 years, the restaurant enjoys a significant loyal, repeat customer base.

The current owner, who has owned it for many years is now looking to sell the business and real estate to retire.

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Property Features and Assets:

The restaurant is 2,000 square feet located in a busy part of town. The facility has been continually upgraded and expanded over the years with new furniture, fixtures and equipment, improved aesthetics inside and out and current seating capacity of 80. The restaurant has a large parking lot and prominent signage on busy Main Street.

Market Competition and Expansion:

A new owner continuing the consistent, traditional offerings of this long-time venue, may consider expanding both the menu and the hours of operations. The kitchen and dining areas are fully equipped to also accommodate a breakfast menu which is currently not offered. Take-Out (35%) very active, and delivery and catering in the local community may be options to consider, all of which would grow sales which have already consistently increased over the years.

Reason for Selling:

Retirement

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.

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