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Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | $150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 12 | |
BBN Listing #: | 704219596 | |
Broker Reference #: | BC29 |
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Business Overview:
Make as much Money as you want! Expand offerings/Change to your concept.
LOCATION: Quincy, Profitable Beach area…HAS ENTERTAINMENT License
TYPE OF BUSINESS: Popular Vegan Restaurant/can be any concept very easily.
OVERLOOKING THE BEACH w/ Music!
SELLING PRICE: $225,000 Down payment: $125,000 /Owner Financing SALES VOLUME 10k wk. (9 months only) April till Oct. ‘DELIVERY:5% LEASE: $3,500mt- plus NNN of $1,500mo. Plus, 3 -5 yr. options-Great lease!
SQUARE FOOTAGE: Approximately 3,000 Square Feet.
HOURS OF OPERATION: 6 days, 11am till 8pm (9 month seasonal operation) varies.
SEATING: Inside 25 Outside 64, overlooking the ocean
ESTIMATED NET PROFIT: IN 2022-$275,000/ $150,000 so far in 2023. Has rained almost every weekend from March through sept., hence sales are lower than 2022.
REASON FOR SELLING: Owner has physical issues.
COMMENTS: Prime beach location, BEST Deck on the Beach. The owner is open only 9 months, (take the winter off if you like) has very low costs as he is a “Hot” vegan restaurant. Prior to being vegan, this was a great breakfast and lunch spot, and was a pizzeria years ago. Can easily be whatever you want it to be.
Bring your concept, Asian, Mexican, Breakfast & Ice Cream will go great here. (Keep as vegan) A rare opportunity to work 9 months a year and make a lot of $$$. Your choice; can be open for as many months as you like. Possible Alcoholic licenses for this fabulous location. Opportunity never goes away, it simply falls to you, go get it! Contact Bob using reply to this ad button - The owner might accept less for all cash.
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Property Features and Assets:
Fabulous beach Location, largest patio/deck in the area.. Turn key. Can be any concept. Has plenty of extra equipment form most concepts included. Great long term lease.
Market Competition and Expansion:
Absolutely nothing like it anywhere. Plant based vegan restaurant that customers travel for Can change to any concept, expand all offerings, always a famous location.
Reason for Selling:
Owner has health problems..only reason.
Additional Details:
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