Restaurant and Bar-South Shore
Business Description
First-time offering of this established South Shore restaurant and bar in a vibrant, growing community. Approximately $2 million was invested in the buildout, offering a truly turnkey opportunity to continue the current concept or bring your own. The AAA location is just minutes from Route 3 with 150+ parking spaces. Current sales are approximately $3.4 million, with significant growth potential.
A favorable lease at approximately 5% of sales all-in, a popular 42-seat oval bar, and a vibrant weekend entertainment scene add to the appeal. Alcohol represents approximately 35% of sales. With a strong reputation, experienced staff and retiring owner, this is an excellent opportunity for an established operator or growing restaurant group.
PARKING: 150 plus private lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: 20 years remaining on 30 year term
BASE RENT: $10,500 plus $3,500 NNN All in 168k —at current sales 5%
CONCEPT: American Bistro
SEATING: 208 (licensed for 250) 116 seats for lounge and dining, 42 stool oval bar
SIZE: 8,500 SF
HOURS: 6 days lunch and dinner (closed on Monday)
LICENSES: Full liquor license
SALES: $3.4MM - 2025
CASH FLOW: $205K
ASKING PRICE $1.7MM (for the business)
A favorable lease at approximately 5% of sales all-in, a popular 42-seat oval bar, and a vibrant weekend entertainment scene add to the appeal. Alcohol represents approximately 35% of sales. With a strong reputation, experienced staff and retiring owner, this is an excellent opportunity for an established operator or growing restaurant group.
PARKING: 150 plus private lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: 20 years remaining on 30 year term
BASE RENT: $10,500 plus $3,500 NNN All in 168k —at current sales 5%
CONCEPT: American Bistro
SEATING: 208 (licensed for 250) 116 seats for lounge and dining, 42 stool oval bar
SIZE: 8,500 SF
HOURS: 6 days lunch and dinner (closed on Monday)
LICENSES: Full liquor license
SALES: $3.4MM - 2025
CASH FLOW: $205K
ASKING PRICE $1.7MM (for the business)
About the Business
- Facilities & Assets
- PARKING: 150 plus private lot
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: 20 years remaining on 30 year term
BASE RENT: $10,500 plus $3,500 NNN All in 168k —at current sales 5%
CONCEPT: American Bistro
SEATING: 208 (licensed for 250) 116 seats for lounge and dining, 42 stool oval bar
SIZE: 8,500 SF
HOURS: 6 days lunch and dinner (closed on Monday)
LICENSES: Full liquor license
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 8,500
- Rent
- $10,500 per month
- Lease Expiration
- 9/1/2046
Listing Info
- ID
- 2558472
- Listing Views
Listing ID: 2558472 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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