Winthrop Waterfront Restaurant and Bar

Winthrop, MA
Suffolk County

Waterfront


Asking Price: Annual Revenue:
$150,000 $520,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Winthrop Waterfront Restaurant and Bar Broker: Betsy Masucci
Owner Financing is Available!
Down payment: $100,000

Quick Facts

Asking Price: $150,000
Annual Revenue: $520,000
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 #: 427719596
Broker Reference #: Not Disclosed

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Business Overview:

SELLING PRICE: $150,000 DOWN PAYMENT: $100K

SALES VOLUME: Had been strictly seasonal; approx. $10K per wk...but now operating with 20 short hours per week.

LEASE: $2,200/month. Years LEFT: new lease available.
HOURS OF OPERATION: 5 pm-10 pm...weekends only until April.

SEATING: (inside 45 seats) (outside 60 seats with large waterfront bar)

COMMENTS: Full liquor and entertainment license. RARE opportunity to own a restaurant with the dining room sitting 5 feet from the water. People come from everywhere to eat, drink, enjoy the incredible sunsets over the Boston skyline. The liquor license alone is worth the price of the business. Plenty of parking. Service the huge number of boats coming and going right by your door. Big bar draws people to drink and listen to music after dinner...or when they come back from water outings...boats everywhere!
If you're an experienced operator, you'll see the potential and value.

Call Betsy to tour. Please use email reply button of this ad to contact us.

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.

Property Features and Assets:

Waterfront location...Indoor seating as well as outdoor, five feet from water. Inside and outside bars...Full liquor and Entertainment license.

Market Competition and Expansion:

Minimal competition...huge number of boats surround the restaurant...incredible sunsets over the Boston skyline. Cooked to order option makes this restaurant on the water a unique and popular spot.

Reason for Selling:

Seller is pursuing other endeavors.

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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