Established high volume restaurant. Prime Location

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Landmark Iconic Turnkey Established Restaurant
Asking Price:
$11,000,000

Gross Revenue:
$11,000,000
Cash Flow:
$175
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$375
included in asking price

FF&E:
$500
included in asking price

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Business Description

High Volume established Landmark Restaurant in the Mid Cape area. Fully Turnkey and very well maintained. Casual and Classy with great local following. Establishment will only be disclosed to pre qualified potential Buyers. Sale includes Real estate ,business all FF&E , Goodwill, websites .

About the Business

Year Established:
1987
Number of Employees:
40
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Amount/Mo.:
$6,000.00
Facilities:
Consistently excellent ,Iconic award winning leader in Hospitality Industry. Impeccably well maintained Dining rooms lounge outfitted with Hand crafted fine Millwork .and Bars . Exceptional food and service in a classic-meets-casual, atmosphere. Structurally great shape. Includes extra parking lot and two entrances .
Market Outlook/
Competition:
Prime location
Growth & Expansion:
potential in concept change
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About the Sale

Reason For Selling:
downsize
Training/Support:
yes. and staff will stay
Seller Financing:
make an offer

Listing Info

ID:
1543477
Ad Detail Views:
433

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Business Listed by

Richard Catania

The Realty Advisory, Inc.
License# 9505645

 Show Phone Number

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