North Shore-Full Service Restaurant 40 Seat Bar
Relocatable, MA Middlesex County
Full Service Restaurant
Request More Information Contact the Seller
- RE: North Shore-Full Service Restaurant 40 Seat Bar
- Contact: Dennis
Quick Facts
| Asking Price: | $575,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 10 | |
| BBN Listing #: | 1000043 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
SELLING PRICE: $575K DOWN PAYMENT: 30%
SALES VOLUME: $40K/wk. ($2.1M for 2024)
LEASE: $15,000/mo (includes NNN) …VERY negotiable New lease available
SQUARE FOOTAGE: approx. 6,000 sf. footprint….with full 4,000 pristine basement, fully useable.
HOURS OF OPERATION: 12AM to 12 AM (Fri & Sat,), Sun till 10 PM, Tues,, Weds, Thurs. 4 to 10 PM., closed Mondays.
SEATING: 180 seats inside 40 outside patio Bldg. is fully sprinkled
REASON FOR SELLING: Retiring
COMMENTS: This is one of the finest restaurants on the North shore…top-shelf furniture, fixtures and kitchen equipment. Town sewerage. Excellent, long-term staff. HUGE parking lot. 30,000 cars per day pass by…HIGHLY VISIBLE. This is PERFECT dinner chain location whether Mexican, Brazilian, or Asian. With some decorative changes, this could be a sports bar. YOUR CASH INVESTMENT RETURNED IN 6 MONTHS!
Contact the Seller:
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Property Features and Assets:
Beautiful restaurant and bar. The grounds are fantastic.
Market Competition and Expansion:
Nothing like this in the area. This location could be just about any concept...
Reason for Selling:
retiring. Kindly ask the seller for more information.
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
Relevant Links:
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