Successful Restaurant in Vibrant North Shore Town

Not Disclosed, MA
Essex County


Asking Price: Annual Revenue:
$380,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Restaurant in Vibrant North Shore Town Broker: Todd Smith

Quick Facts

Asking Price: $380,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 266924983
Broker Reference #: Not Disclosed

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Business Overview:

This high-profile location on Main Street in a desirable Northshore town has been the home of many different well-known bars and restaurants through the years. The current business has been here for 28 years and is well known by the locals as a place of community gathering. This A+ location enjoys excellent visibility and huge traffic counts. The restaurant enjoys a long history of success with a strong repeat clientele.

PARKING: Ample on street parking plus lots
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: 5-year lease with 3/5 options
BASE RENT: $5204 per month plus NNN
CONCEPT: Restaurant
SEATING: Capacity of 127 persons
SIZE: 6,580 square feet
HOURS: Open from 4:00 PM 7 days/week
LICENSES: Full Liquor and Entertainment License
SALES: $1.3M in 2019
ASKING PRICE: $380,000

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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