Seller's Contact Information
- RE: Historic Waterfront Gem
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $1,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 150,000 | |
Real Estate: | $120 | |
Year Established: | 2007 | |
Employees: | Not Disclosed | |
BBN Listing #: | 755333937 | |
Broker Reference #: | WATERFRONT |
Business Overview:
It is indeed my pleasure to offer this incredible money making iconic highly acclaimed historical waterfront bistro, one of the best in town. It’s a unique opportunity to own a restaurant on the water in the midst of a popular marina making money for over 13 years with a patio and outside bar with entertainment which is the heart beat during the warmer months doing nothing but business. Now is the time to act on this captivating waterfront bistro making nothing but money for a price like this call now for this must see!
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Property Features and Assets:
2,100 legendary square feet, reasonable $5,600 rent, long term lease available, 70 flourishing dining seats, 20 thriving bar seats, waterfront superlative 125 seat Patio & Bar, open 7 days lunch & dinner and delightful Sunday breakfast on the water, on premise catering, popular 240 seat waterfront brewery used for off premise catering, ample onsite parking, outstanding reviews, numerous awards too numerous to mention, full liquor permit, next door 205 residential units & 34 room boutique hotel being built, outstanding website, upside potential, owner works abbreviated schedule
Market Competition and Expansion:
Competition: Special waterfront location! Growth & Expansion: Present owners energy level just not there after almost 40 years new energy will make this grow
Reason for Selling:
Well earned retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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