PRICE REDUCED For North Shore Restaurant/Pub. Annual sales $1.4M
Business Description
OFF MARKET TEMP. BUSINESS:Pub Style Restaurant w entertainment
LOCATION: Popular North Shore Tourist Destination., Busy Main Rd. In Historic District
SELLING PRICE: PRICE REDUCED to $499K
SALES VOLUME: Average $ 25k-$28k week
LEASE: $6,700. NNN Charges $1,705. 4Yrs. Left with 5+5+5 yr. options Includes first option to buy building if landlord decides to sell.
SQUARE FOOTAGE: 3000 sq. ft. approximately
SEATING: 70 Inside, 49 on Patio.2 Bathrooms
DAYS/HOURS OF OPERATION: Open 7 Days
12pm – 1am
EMPLOYEES: 15-17 Employees including 5 cooks and assistant manager
REASON FOR SALE: Owner Retiring
COMMENTS: Strong Net Profit. Long track record of success! Current Owner has been at this location for 12 years.
Beautiful facility! Excellent Equipment
This location is a popular destination for both Tourist and Locals. Located in popular tourist town in busy historic district. Known for great food,drinks and popular live music. In addition, this location is a popular venue
for after wedding parties from local hotels.
Real Estate Future- First Right of Refusal
LOCATION: Popular North Shore Tourist Destination., Busy Main Rd. In Historic District
SELLING PRICE: PRICE REDUCED to $499K
SALES VOLUME: Average $ 25k-$28k week
LEASE: $6,700. NNN Charges $1,705. 4Yrs. Left with 5+5+5 yr. options Includes first option to buy building if landlord decides to sell.
SQUARE FOOTAGE: 3000 sq. ft. approximately
SEATING: 70 Inside, 49 on Patio.2 Bathrooms
DAYS/HOURS OF OPERATION: Open 7 Days
12pm – 1am
EMPLOYEES: 15-17 Employees including 5 cooks and assistant manager
REASON FOR SALE: Owner Retiring
COMMENTS: Strong Net Profit. Long track record of success! Current Owner has been at this location for 12 years.
Beautiful facility! Excellent Equipment
This location is a popular destination for both Tourist and Locals. Located in popular tourist town in busy historic district. Known for great food,drinks and popular live music. In addition, this location is a popular venue
for after wedding parties from local hotels.
Real Estate Future- First Right of Refusal
About the Business
- Years in Operation
- 13
- Employees
- 15
- Facilities & Assets
- Beautiful Build Out. Most Equipment is just a couple years old and well maintained. Facility is approximately 3000 sq.ft. Inside with 70 seats, and outdoor patio with 49 seats. Two bathrooms, handicapped accessible
- Market Outlook / Competition
- This business is located in busy historic district in busy tourist town.
- Opportunities for Growth
- Plenty of opportunity to increase sales with increased advertising and increasing take out business ( adding Uber Eats, Door Dash etc..)
About the Sale
- Seller Motivation
- Owner is Retiring
- Transition Support
- Strong core staff. Owner is willing to train new owner.
- Financing Options
- Business is a good candidate for bank finacing.
Listing Info
- ID
- 2197802
- Listing Views
- 3620
Listing ID: 2197802 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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