Salem-Beverly Breakfast-Lunch

Beverly, MA
Essex County

Salem-Beverly Area


Asking Price: Annual Revenue:
$95,000 $260,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Salem-Beverly Breakfast-Lunch Broker: Betsy Masucci
Owner Financing is Available!
Down Payment: $55,000

Quick Facts

Asking Price: $95,000
Annual Revenue: $260,000
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: 2
BBN Listing #: 96419596
Broker Reference #: EM 0850

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Business Overview:



SALEM-BEVERLY AREA BREAKFAST -LUNCH - Great Location...Amazing Food


SELLING PRICE: $95,000 DOWN PAYMENT: $55,000

SALES VOLUME: $5,000/week % DELIVERY: N/A

LEASE: $2,800 Years LEFT: 3 1/2 - 5 - 5

SQUARE FOOTAGE: 1,800 square feet

HOURS OF OPERATION: 6AM - 2PM 7 Days

SEATING: (inside 50 seats) (outside 12 seats)

COMMENTS: Very popular Breakfast and Lunch restaurant located on a busy main street. Large parking lot across the street. The kitchen equipment is pristine. Very, very clean. There is potential to increase revenue due to new apartment buildings rising up in the surrounding area. Popular menu and loyal customer base. Low rent includes NNN. A seasoned operator will recognize room for potential growth...additions to menu, late night hours, etc. Great starter business as well. A must see for anyone searching for a successful restaurant. Please call for more detailed information and a visit. Contact Betsy or email us.

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Property Features and Assets:

Very, very clean...Pristine equipment. Potential for increased revenue . Addition of an awning would add more visibility. Located on a busy main street.

Market Competition and Expansion:

Minimal competition in the area. Loyal customer base. Potential to make more profit by adding daily specials.

Reason for Selling:

Retiring

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.

Documents:

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