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 Revenue$1,899,000

InventoryNot Disclosed

FF&ENot 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 Revenue$1,899,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-67743

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 Burger” made from dry-aged steak, available daily

Beverage program: cocktails + rotating craft, regional, and imported beers

Specialty desserts: “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)

32,852 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

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Years in Operation
6
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2419310
Listing Views
17

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Business Listed by: Jason Hartman Hedgestone Business Advisors

Listing ID: 2419310 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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