CHATHAM - HARWICH~Cape's Most Affluent Town...RESTAURANT & RE

Asking Price$2,000,000

Cash Flow
$150,000

EBITDA$300,000

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price
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CHATHAM - HARWICH~Cape's Most Affluent Town...RESTAURANT & RE


Asking Price$2,000,000

Cash Flow
$150,000

EBITDA$300,000

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,000,000
Included in asking price

Seller Financing Available
Business Description
CHATHAM area~~ FAMOUS Restaurant & Pizza Pub w/large REAL ESTATE

SELLING PRICE: Business and the large parcel of real estate for $2M as determined RECENTLY by an independent appraisal. Biggest parking lot in the area.
SALES VOLUME: Averaging $20K/wk- $30K. Strong online ordering & pick-up
SQUARE FOOTAGE: Bldg. is over 3,000 sf., lot is well over an acre.
SEATING: 97 inside 54 on large patio…waiting lines in the Summer for their pizza & beer.
COMMENTS: VERY rare opportunity to buy into such an affluent business community…businesses, especially with real estate, just don’t become available. Full liquor licenses are in high demand. Town sewerage is a distinct advantage. Entertainment is underutilized. This family operation is ready to grow with professional management.
This is the first time that this property has been available for 25 years. Illness motivates.
SBA financing is readily available.
The BUSINESS makes money.
The REAL ESTATE makes money.
When you resell this property in 20 yrs. you'll make a TON OF MONEY.
THE HARWICH-CHATHAM- BREWSTER AREA OF CAPE COD HAS THE HIGHEST DEMAND RATE OF THE ENTIRE CAPE.
You need to see this if you have the experience and the financial component.
About the Business
Currently Relocatable
Yes
Facilities & Assets
Big, beautiful bldg. on the main road...EVERY car going anywhere has to go by your door. Well maintained bldg., property, and equipment.
Well over one acre in this fabulous town...TOWN SEWERAGE!!!
Market Outlook / Competition
It's easy to maximize sales during the summer, but a seasoned operator will easily see how to maximize sales off season.
Opportunities for Growth
Delivery, entertainment, advertising.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Medical Issues
Transition Support
This business is not for a first-time buyer. A seasoned operator will be able to double their sales.
Financing Options
To be negotiated...but buyers must be financially bankable & credit-worthy.
Listing Info
ID
2149222
Listing Views
7912
Attached DocumentsAttachment Disclaimer

Buyer NDA- 'seller'-2023.docx


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Business Listed by: Dennis Serpone NATIONAL RESTAURANT EXCHANGE

Listing ID: 2149222 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.