Business For Sale

High End Restaurant - 27201

Essex County, MA
Essex County


Asking Price: Annual Revenue:
$395,000 $970,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High End Restaurant - 27201 Broker: Christoper Gordon

Quick Facts

Asking Price: $395,000
Annual Revenue: $970,000
Net Profit: Not Disclosed
Cash Flow: $156,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 56004447
Broker Reference #: 27201

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Business Overview:

Landmark restaurant for sale on the beautiful seacoast. This 120 seat restaurant plus function room is located is bustling downtown area on a popular street with heavy foot and car traffic. This town is a destination for multi-cultural dining and upscale shopping for tourists and locals alike. Two floors of seating with wonderful views overlooking the street. Restaurant has been in continual operation for many years. Currently serving ethnic cuisine, but new owner may choose a new theme or different concept. Restaurant has large kitchen and spacious bar. The town is one of the fastest growing in all of New England. This is a foodie destination with many fine restaurants and boutique shops. This restaurant grosses an average of a million dollars a years and owners net cash flow is over $150,000 a year. Lease is $8,900/Month. Long term lease available. All furnishings and equipment included.

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Reason for Selling:

Other Business Interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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