Listing Expired

Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli

Landmark Seafood/Take-out

Salem, MA

Asking Price: Annual Revenue:
$200,000 $700,000

Business Overview:

Location: Peabody Salem area. Sales Volume: $14K wk. higher in the summer. Number of Seats: Approximately 56 seats. Lease: $3,977, Yrs Left: 3/5/5. Square Footage: 3,200. Hours of Operation: 11 Am – 8 Pm, Sun-Thurs. 9 weekends. Very Well known famous award winning seafood restaurant /take-out with huge repeat business. Some owner financing for qualified buyer. Tons of parking! Over 58 years in business. The season is here! Totally turnkey. Absentee owner says time to go! Very Confidential!

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Property Features and Assets:

Located in a wonderful strip mall with tons of parking.

Market Competition and Expansion:

Nothing in the area!

Reason for Selling:

Moving on to other projects

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.

Request More Information
Contact the Seller

RE: Landmark Seafood/Take-out Broker: Ed Williams New England Restaurant Brokers
Owner Financing is Available!
some for qualified buyer

Quick Facts

Asking Price: $200,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: 4
Listing Number: 696319596

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