Full Service Restaurant With 40-Seat Bar
Business Description
SELLING PRICE: $575K DOWN PAYMENT: 30%
SALES VOLUME: $40K/wk. ($2.1M for 2024)
LEASE: $15,000/mo (includes NNN) …VERY negotiable New lease available
SQUARE FOOTAGE: approx. 6,000 sf. footprint….with full 4,000 pristine basement, fully useable.
HOURS OF OPERATION: 12AM to 12 AM (Fri & Sat,), Sun till 10 PM, Tues,, Weds, Thurs. 4 to 10 PM., closed Mondays.
SEATING: 180 seats inside 40 outside patio Bldg. is fully sprinkled
REASON FOR SELLING: Retiring
COMMENTS: This is one of the finest restaurants on the North shore…top-shelf furniture, fixtures and kitchen equipment. Town sewerage. Excellent, long-term staff. HUGE parking lot. 30,000 cars per day pass by…HIGHLY VISIBLE. This is PERFECT dinner chain location whether Mexican, Brazilian, or Asian. With some decorative changes, this could be a sports bar. YOUR CASH INVESTMENT RETURNED IN 6 MONTHS!
SALES VOLUME: $40K/wk. ($2.1M for 2024)
LEASE: $15,000/mo (includes NNN) …VERY negotiable New lease available
SQUARE FOOTAGE: approx. 6,000 sf. footprint….with full 4,000 pristine basement, fully useable.
HOURS OF OPERATION: 12AM to 12 AM (Fri & Sat,), Sun till 10 PM, Tues,, Weds, Thurs. 4 to 10 PM., closed Mondays.
SEATING: 180 seats inside 40 outside patio Bldg. is fully sprinkled
REASON FOR SELLING: Retiring
COMMENTS: This is one of the finest restaurants on the North shore…top-shelf furniture, fixtures and kitchen equipment. Town sewerage. Excellent, long-term staff. HUGE parking lot. 30,000 cars per day pass by…HIGHLY VISIBLE. This is PERFECT dinner chain location whether Mexican, Brazilian, or Asian. With some decorative changes, this could be a sports bar. YOUR CASH INVESTMENT RETURNED IN 6 MONTHS!
About the Business
- Years in Operation
- 15
- Facilities & Assets
- Beautiful dining area grounds, bar and kitchen
- Market Outlook / Competition
- Not that much close by
- Opportunities for Growth
- Sky is the limit for many concepts!
About the Sale
- Seller Motivation
- retiring
- Transition Support
- Some training
- Financing Options
- Owner will finance 30% $172,500
Listing Info
- ID
- 2428070
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2428070 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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