NOT DISCLOSED, Massachusetts
| Asking Price |
$425,000 |
Year Established |
2020 |
|
| Annual Revenue |
$665,470 |
Reason for Selling |
Moving |
|
| Annual P/L |
|
Attention |
Jeffrey Hollow |
|
| Annual Cash Flow |
$253,595 |
Listing Number |
948177 |
|
| # of Employees |
4 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
2 Restaurants: 1 Upscale Dining - 1 Entertainment Destination
Designed to be a craft cocktail bar with light fare but was so well received it morphed into a full service upscale restaurant. It has become a "hidden gem" that is atypical for the area, thus extremely well received. The restaurant occupies a void in the market for upscale dining options with one of the best allocated spirit collections in New England. Featured on Phantom Gourmet, it is known for the personal element of service, atmosphere and quality.
The second restaurant also fills a void in the local market, accomplishing a fun and energetic atmosphere with exceptional food and beverage, and a full stage. It is a perfect night out for those who want to have a good time in a mature, comfortable environment.
Property Features and Assets:
<p>Monthly Rent: $6,809.00<br><br>Square Units (Foot, Meter): 7,542<br><br>Lease Expiration Date: May 30, 2026, 9:00:00 PM<br><br>Terms Options: 2 more 3-year options<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity