Rare Restaurant & Inn with Real Estate

Asking Price$7,499,000

Cash Flow
$271,905
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,138,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Rare Restaurant & Inn with Real Estate


Asking Price$7,499,000

Cash Flow
$271,905
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,138,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Rare Restaurant & Inn with 40 years of successful operation. This trophy property is located on a posh and popular New England Island with tons of tourist business. This mixed-use property is comprised of an Inn, large restaurant and a separate café. The property was recently appraised at $3.8 MM. The property could be re-developed and/or expanded. The Inn can be doubled in size, and features such as outdoor bars and/or a pool could be added! A new owner can change the existing restaurant concept, and the space could be retrofitted and designed to grow sales and profitability. Email us for more information!

FACILITY: Freestanding building
PARKING: 20 parking spots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
CONCEPT: Restaurant & Inn
SIZE: Building is 15,680 square feet
SEATS: 82 inside, 155 outside
HOURS: Open 7 days for breakfast, lunch & dinner
LICENSES: Full Liquor & Entertainment License
SALES: $2,138,000
CASH FLOW: $271,905 in 2023

ASKING PRICE: $7,499,000 (For the entirety of the Business and Real Estate)
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
Listing Info
ID
2263814
Listing Views
888

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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2263814 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.