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RE:  Salem - Beverly Fast, Casual Restaurant Contact:  Betsy Masucci

Quick Facts

Asking Price: $120,000
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: 2011
Employees: 4
BBN Listing #: 305319596
Broker Reference #: EM 432

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Business Overview:

SELLING PRICE: $120,000 DOWN PAYMENT: $50,000.
MOTIVATED SELLER who is willing to work with a qualified
SALES VOLUME: approximately $6,500/week
LEASE: $2,825 including NNN Years LEFT: 5 years
SQUARE FOOTAGE: 1,200 square feet
HOURS OF OPERATIONS: 7-days, mostly 11 AM - 4 PM
SEATING: Inside: Counter Service Outside Seating: 12-15 (May - November)
Great location along busy street. Established 12 years ago. Presently chef-owner. Known for its gourmet hot dog offerings. Hot dogs are the primary menu but other dishes can be added. Most of the equipment is less than five years old. Great starter business or an addition to an already working restaurant. Good size kitchen and extra storage in basement. Low food cost…high profit. This is a great opportunity for family. NDA required to tour this awesome opportunity.

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Property Features and Assets:

Take out, Counter service, seasonal seating outside, (May - November) Great location on busy downtown street.

Market Competition and Expansion:

No competition nearby.

Reason for Selling:

Ready To Move To Larger Location.

Additional Details:

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

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