Wrenthum-Nets 200k-Family Restaurant W/ Liquor-RE
Wrentham, MA Norfolk County
Free standing, Major highway, bustling area.
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- RE: Wrenthum-Nets 200k-Family Restaurant W/ Liquor-RE
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2014 | |
| Employees: | 24 | |
| BBN Listing #: | 934785 | |
| Broker Reference #: | BC36 |
Business Overview:
Nets $175,000-Family Restaurant with Liquor & Real Estate LOCATION: Greater Wrentham/* Plainville Area TYPE OF BUSINESS: Popular Family Restaurant with extensive burgers & comfort food. SELLING PRICE: $450,000 DOWN PAYMENT: $200,000- Owner financing available. SALES VOLUME: $30,000 - $32,000 week, DELIVERY: 40% LEASE: $6,000 mt… option on Real estate @ Fair market value by an independent appraiser ($975K as of June, 2024. (owner open to providing mortgage for qualified buyer at a 6.5% rate for 5 years and a balloon payment.) SQUARE FOOTAGE: 3,000 square feet HOURS OF OPERATION: 7 days. 11.30am -9pm SEATING: 74 inside (includes sit down bar) REASON FOR SELLING: Family first commitments. COMMENTS: America’s favorite meal, “the Burger” is here in all its glory. Here you can create your own concoction of a burger as well as taste the fabulous variety of burgers, hot dogs, salads, over the top incredible shakes, it has it all. This is a family restaurant in the true sense of the word. For the past 9 years, this has been the Burger place to be. Turnkey, free standing, high visibility with lots of parking, very busy state road. The owner has opened for weekend breakfast prior and increased their sales by $16,000 to $18,000 a month, a great option. This family restaurant has an absentee owner, on premise owner will surely.
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Property Features and Assets:
Turnkey, free standing attractive building on main state raod with lots of parking. Fully equipped, FFE in ecellent condition. Has a great sit down family bar, specializing in family gatherings and meals. has it all for your family and features an exrensive burger menu. Very confortable.Market Competition and Expansion:
There is limited competion in the general area. high visibility and Absolutely nothing like it around or in town.Reason for Selling:
Family first commitmentsAdditional 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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