GLOUCESTER -Landmark Roast Beef / Pizza & Seafood

Not Disclosed, MA
Essex County

Close to Ocean on Main St.

Asking Price: Annual Revenue:
$225,000 $925,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: GLOUCESTER -Landmark Roast Beef / Pizza & Seafood Broker: Mr. Williams
Owner Financing is Available!

Quick Facts

Asking Price: $225,000
Annual Revenue: $925,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 4
BBN Listing #: 605419596
Broker Reference #: EW4444

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Business Overview:


LOCATION: North Shore close to the ocean!

SELLING PRICE: $225K w/$75K Dn. or $120K cash.

SALES: solid $17K - $18KK per wk.

SQUARE FOOTAGE: approximately 1,200 sf. with full basement

HOURS OF OPERATION: 7 days…mostly 11 AM – 10 PM

SEATING: 25 seats

REASON FOR SELLING: has too many restaurants.

COMMENTS: Super Clean great landmark operation on Main St, close to the ocean! Great food, nice website, and ordering system in place. Known for its famous Roast Beef & Pizza! Close in 7 days, no selectman minutes or hearing required. Common VIC same day.

Call Mr. Williams to be introduced to the owner! 20 nightspots and bars within walking distance. Call 978-715-5405 to be introduced to the owner.

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Property Features and Assets:

Free standing building on Main St. 1 block from the ocean and numerous nightspots. Restaurant is ultra clean and has an extremely unique look and appeal!

Market Competition and Expansion:

Not much in the area! Great Anchor stores close by CVS, DUNKIN etc...

Reason for Selling:

seller owns other restaurants

Additional Details:

  • The property is leased.
  • 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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