Quincy Shore, Profitable Beach Restaurant!
Randolph, MA Norfolk County
Quincy-'HOT BEACH LOCATION
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- RE: Quincy Shore, Profitable Beach Restaurant!
- Contact: Robert Cioffi
Quick Facts
| Asking Price: | $295,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | 12 | |
| BBN Listing #: | 704219596 | |
| Broker Reference #: | BC29 |
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: 325k 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
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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:
- 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
Documents:
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