Restaurant And Bar-South Shore

Business Overview:

First-time offering of this established South Shore restaurant and bar in a vibrant, growing community. Approximately $2 million was invested in the buildout, offering a truly turnkey opportunity to continue the current concept or bring your own. The AAA location is just minutes from Route 3 with 150+ parking spaces. Current sales are approximately $3.4 million, with significant growth potential.
A favorable lease at approximately 5% of sales all-in, a popular 42-seat oval bar, and a vibrant weekend entertainment scene add to the appeal. Alcohol represents approximately 35% of sales. With a strong reputation, experienced staff and retiring owner, this is an excellent opportunity for an established operator or growing restaurant group.

SALES: $3.4MM - 2025
CASH FLOW: $205K
ASKING PRICE $1.7MM (for the business)

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Property Features and Assets:

Details:
PARKING: 150 plus private lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: 20 years remaining on 30 year term
BASE RENT: $10,500 plus $3,500 NNN All in 168k —at current sales 5%
CONCEPT: American Bistro
SEATING: 208 (licensed for 250) 116 seats for lounge and dining, 42 stool oval bar
SIZE: 8,500 SF
HOURS: 6 days lunch and dinner (closed on Monday)
LICENSES: Full liquor license

Reason for Selling:

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Additional Details:

Documents:

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