Business For Sale

Very Profitable, Very Popular Restaurant

North Andover, MA
Essex County


Asking Price: Annual Revenue:
$2,200,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Very Profitable, Very Popular Restaurant Broker: Janet Faulkner

Quick Facts

Asking Price: $2,200,000
Annual Revenue: Not Disclosed
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 #: 354754616
Broker Reference #: Not Disclosed

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Business Overview:

Opportunity to acquire one of the most popular restaurants in the Merrimack Valley. Highly profitable, established restaurant in a prime location is suitable for an investor or experienced restaurateur. This offering has gross income in the $2.0M+ range, and has an impressive Net Profit. Multiple 5 year tenant options on the lease, sublease will be negotiated with the sale. 3,000 square feet, an additional 2,000 square feet in basement. 140 seats: 78 dining, 22 bar, 40 outside. This sale will take the form of an asset sale. Business only, no real estate.

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Market Competition and Expansion:

Very Profitable; Prime Location; 140 Seats; Indoor, Private & Outdoor Seating.

Additional Details:

  • The property is owned.
  • The owner is not 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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