Fire Sale – Owner Absentee Restaurant For Sale On The North Shore!

Asking Price$300,000

Cash Flow
$360,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Fire Sale – Owner Absentee Restaurant For Sale On The North Shore!


Asking Price$300,000

Cash Flow
$360,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
**NDA Required for address**

NOTE: Yes, it is still available. If interested, please schedule a call to discuss further: https://calendly.com/christian-zarama/15min

Asking Price: $300,000

Gross Revenue: $1,899,073.40 (2024)

SDE (Seller’s Discretionary Earnings): $360,000



Business Summary:
This is a full-service burger and grill restaurant. Since opening in November 2019, the restaurant has built a reputation for premium quality and elevated comfort food. The menu features USDA Prime beef—a proprietary blend of chuck, short rib, and ribeye—and includes the popular Steak House Burger made with dry-aged steak. The restaurant pairs its food with specialty cocktails, a rotating craft beer selection, and indulgent “super-duper milkshakes.”

In 2024, the restaurant served over 32,000 checks and more than 22,000 guests.


Net sales were split across multiple revenue channels: dining (55%), bar (22%), and take-out/delivery (23%), with third-party platforms like DoorDash, Uber Eats, and Grubhub contributing significant sales volume. Dessert and beverage sales add incremental revenue, including $7,200+ from milkshakes and specialty desserts.

With a gastropub-style facility featuring reclaimed wood, brick walls, tin ceilings, and multiple flat-screen TVs, They offers a casual yet refined dining experience. The restaurant seats ~100 guests, including a 15-seat bar. Known for knowledgeable, friendly staff and a fun atmosphere, They consistently attracts both casual diners and burger enthusiasts.

Business Highlights:

• Established November 2019
• Seating capacity ~100 guests, including a 15-seat bar
• Facility: renovated gastropub décor with reclaimed wood, brick walls, tin ceilings, flat-screen TVs
• Exclusive USDA Prime beef (only ~3% of beef graded in the U.S. qualifies as Prime)
• Signature “Steak House Burger” made from dry-aged steak, available daily
• Beverage program: cocktails + rotating craft, regional, and imported beers
• Specialty desserts: “super-duper milkshakes”
• Hours of Operation:
? Sunday–Thursday: 12 PM – 9 PM
? Friday–Saturday: 12 PM – 10 PM (bar open until midnight most nights)
• Service philosophy: knowledgeable, friendly staff focused on exceeding expectations
• 2024 Sales Breakdown:
? Dining Room: $874,844 (55% of sales)
? Bar: $344,520 (22% of sales)
? Take-Out/Delivery: $370,786 (23% of sales)
• 2,852 checks / 22,073 guests served in 2024

Staffing:

• 3 managers
• 25-30 employees in total
• 12 years remaining on the lease.

Growth Opportunities:

• Leverage established brand to expand catering, delivery, or take-out sales
• Enhance marketing and social media presence to drive traffic
• Extend hours or add brunch program to capture new dayparts
• Develop loyalty program to encourage repeat customers

Reason for Selling: Retired and having issues with his minority partner - so looking to move on from this venture.
Listing Info
ID
2419074
Listing Views
25

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Business Listed by: Christian Zarama Hedgestone Business Advisors

Listing ID: 2419074 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.


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