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- RE: N.Shore Rest Could Be Any Concept You Want
- Contact: John Francis
Quick Facts
| Asking Price: | $4,500,000 | |
| Annual Revenue: | $2,600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 25 | |
| BBN Listing #: | 1014512 | |
| Broker Reference #: | JR180 |
Business Overview:
TYPE OF BUSINESS: Chinese Restaurant that could be converted
to any concept you want
LOCATION: North Shore
SELLING PRICE: $4,500,000 w/Real Estate DOWN PAYMENT: 10% w/ SBA
SALES VOLUME: $50k/wk.
SQUARE FOOTAGE: 5,000sf w/ an amazing clean dry basement for prep and storage with six walk-ins
HOURS OF OPERATION 11-9 Tues. – Sun.
SEATING: 255 inside
REASON FOR SELLING: Retiring
COMMENTS: This exceptionally well-maintained restaurant offers everything needed for continued success. The full-service Chinese facility includes a full liquor license, parking for 75 cars, a separate lounge area with TVs, modern bathrooms, and first-rate equipment in excellent condition. Real estate is included in the sale price. Located at a major intersection on a heavily traveled road connecting to numbered routes, the property offers strong visibility and easy access. The simple décor allows the space to be quickly converted to almost any concept. An amazing restaurant facility designed and built to last for decades as any concept you want it to.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Able to become any concept. The building has been built with on the finest materials. the parking lot can accommodate 70+ cars. On a corner of an intersection with commanding visibility a road that connects two numbered routes. Inside a perfectly laid out dining and kitchen area with a full basement for not only storage, but prep with six walk-ins and freezers. The lounge has a very comfortable area and large screen TV, and the bar has 10 stools. Upstairs you find a very private area for functions that can accommodate up to 80 guests
Market Competition and Expansion:
No competition for quite some distance. Add lottery with right concept.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- 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:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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