This is a rare opportunity as the restaurant is a new build-out. It features a dining room, bar, and top-of-the-line kitchen. The equipment appears to be well maintained. The restaurant is adaptable to multiple concepts; casual, mediterranean, Halloween theme, etc. A must see!

ADDRESS: Salem, Massachusetts 01970

CONCEPT: Full Service with a seasonal Full Liquor License.

SIZE: The restaurant is approximately 2,700 square feet.

SEATING: There is seating for 60 patrons.

PARKING: There is street parking available and a municipal garage nearby.

CONDITION: The furnishings, fixtures, equipment and leasehold improvements appear to be well maintained.

LICENSE: The restaurant has a Seasonal Full Liquor License. Serving from April 1st – January 15th.

HOURS: Open daily from 11:00AM – 9:00PM

LEASE: Approximately two (2) years remaining plus an option for five (5) years. The landlord may negotiate a longer lease for a qualified tenant.

RENT: The base rent is currently $7,200+/- mo./ $86,400+/- year (Includes NNN, trash removal & snow removal)

SALES: Historic sales are approximately $800,000.

PRICE: The asking price for the assets is $275,000.

COMMENTS: The space is adaptable for multiple concepts. This is an ideal opportunity for a working owner/operator or a restaurateur looking to expand into the Salem market.

Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and condition