Popular South Shore Eatery with Property!

Not Disclosed, MA
Norfolk County

Asking Price: Annual Revenue:
$1,250,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular South Shore Eatery with Property! Broker: Todd Smith

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $186,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 400224983
Broker Reference #: Not Disclosed

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Business Overview:

Outstanding rare opportunity to own a successful South Shore freestanding charming pub style restaurant nested in a densely populated, residential and busy commercial neighborhood. This thriving American Comfort Food Restaurant and Tavern has been a well-established destination for 15 years. Continue the current concept- enhance it- bring your own (Italian/Sports Theme etc.). This “Cheers Type" concept is as local as it gets. It is very well known as the fabric of the community. Currently does 1.5M per year in just 33 hours of operation. Expanded hours and additional services can get you to 2M easily!

It’s just the right size and easily to manage. The cozy dining room seats 70 with a separate bar area seating 26. Outside (with heaters) seats 75. A well trained and committed staff is important to your success. The regulars love the long-term service staff. The kitchen can handle any concept. The huge dry basement can be used as an additional prep kitchen. This enables expanded catering and hosting a food truck.

Bring your marketing plan and creativity. The sky’s the limit. This property is easily bankable and rates are at a long time low. Current owner seeking other opportunities.

FACILITY: Free-standing building
PARKING: 55+ parking spaces
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
CONCEPT: Bar/Lounge
SIZE: 2,400 square feet
SEATS: 96 seats with 75 seats outside
HOURS: Open evenings Tues-Sun; Closed Mondays
LICENSES: Full Liquor & Lottery Licenses
SALES: $1,500,000 per year
CASH FLOW: $186,500 per year

ASKING PRICE: $1,250,000 (For the Business & Real Estate)

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Additional Details:

  • The property is owned.
  • 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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