Premier Italian Restaurant W/3 Function Rooms
Not Disclosed, MA Bristol County
Free standing, Major highway,
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- RE: Premier Italian Restaurant W/3 Function Rooms
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $325,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | $125,000 | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 12 | |
| BBN Listing #: | 940381 | |
| Broker Reference #: | BC88 |
Business Overview:
BRISTOL COUNTY/Premier Italian restaurant with 3 function Rooms.
TYPE OF BUSINESS: Turnkey profitable Italian Restaurant
LOCATION: Bristol County for confidentiality. What A Gem-Got to See it for Real!
SELLING PRICE: $325,000 DOWN PAYMENT: $150,000 TO $175,000
SALES VOLUME:1,000.000
LEASE: $5,350, Monthly. Years Left: 2 years plus 2/ 5 year options
SQUARE FOOTAGE: approximately 5,200 square feet.
HOURS OF OPERATION: 7 days ….11am till 9pm
SEATING: 140- inside 35-Bar
REASON FOR SELLING: owner retiring.
COMMENTS: This is a unique situation that once seen will wet your entrepreneurial skills,
Gorgeous Bar-Restaurant, Absolute turnkey. Has 3 functions rooms for any size event. Owner financing available for qualified restauranteur. Seller will train up to 1 month.
Seller will meet-Show and tell you the particulars of this unique arrangement he has with the landlord. Nothing like this around for sure. Captive audience. Contact Bob using reply to this ad button. Hurry, the season is upon us!
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Property Features and Assets:
Gorgeous restaurant/ Multiple function rooms. Huge kitchen ( only use a small portion presently. popular function destinantion. Unlimited ability to have multiple sources of income, Rent includes all utilities and expenses. Very Rare indeed for this Gem.
Market Competition and Expansion:
There is absolutely noting like this or that offer so much for so little rent, Its the deal of the year!
Reason for Selling:
Grandkids-retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Massachusetts businesses for sale
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- Sell a business online
- Find a business broker
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