Prime/Successful Restaurant & Bar – Gloucester

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Prime/Successful Restaurant & Bar – Gloucester
Asking Price:
$329,900

Gross Revenue:
$1,100,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in booming historic downtown waterfront community with beautiful views of Cape Ann harbor. This busy restaurant offers excellent food, wonderful service and is loved by the locals - and a must visit for all tourists. Full bar and a warm ambiance serving freshest seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in the Gloucester market.

PARKING: Ample public parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Seller/Owner will negotiate a new lease
BASE RENT: $5,000 per month plus NNN
CONCEPT: Seafood/Italian/American cuisine
SEATING: Capacity of 135 persons (17 seats at bar)
SIZE: 3,200 square feet
HOURS: Open from 11:00 AM - 10:00PM 7 days
LICENSES: Full Liquor License - value 130K
SALES: $1.1M in 2018

ASKING PRICE: $329,900(For the assets of the Business including the liquor license)

About the Business

Location:
Gloucester, Massachusetts

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Listing Info

ID:
1647268
Ad Detail Views:
0

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Business Listed by

Todd Smith

Corbett Restaurant Group

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