Hot Listing

Water Front Restaurant with Full Liquor license and 2 bars

Asking Price$105,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$965,000

Inventory$4,500
Included in asking price
FF&E$100,000
Included in asking price
Overlooks marina and beachSave
Hot Listing

Water Front Restaurant with Full Liquor license and 2 bars


Asking Price$105,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$965,000

Inventory$4,500
Included in asking price
FF&E$100,000
Included in asking price
Business Description
Beautiful location right across from beach and overlooking 60 slip newly renovated marina. Customer base consists of locals, summer tourists, boaters and golfers. Restaurant has a large deck on the back which sits above the parking lot for the boaters. This deck has a 20 seat bar rail which allows customers to sit and watch the boats and beach goers. Inside is 2 more separate bars, with a scattering of high tops and tables. All tables have a view of the water. It is seasonal which allows the owner to take a rest in the winter. The kitchen is designed for speed and can put food out quickly. The owner has been there 23 years and is looking to slow down.
About the Business
Years in Operation
23
Employees
40 Part-time
Most employees are seasonal, but about 5 are year round. I keep a large number
Facilities & Assets
The layout consists of an L-shaped indoor dining room with a wrap around bar. Water views from every seat! The indoor capacity is 75. The restaurant comes with a heated deck with a new awning just outside a sliding door featuring a 20 seat bar rail overlooking the marina and Onset Bay. The deck has a capacity of 50 seats! Check it out online at stonebridgebarandgrill
Equipment: includes a large chargrill, two mini fryers, 2 convection ovens, 2 micros, Wolf 6 burner range, 3 upright freezers, 2 door upright fridges x 2, 3 door worktop x 2, 2 door worktop x 2, new dishwasher, 3 bay wash sink, 3 bay bar sinks x 2, 4 tap kegerator, 3 large chest freezers, 4 tap kegerator, undercounter large ice machine, clover pos system, 40 bar stools, 80 seats, two bars with new tops and more.
Market Outlook / Competition
Not many restaurants are water front, so competition at this level is scarce. The town is a great tourist destination with Cape Cod Canal cruises leaving daily in the summer, concerts on the green every Wednesday, and other town celebrations that bring customers to our door. We also sit right on a Marina plus two other marinas within 1 mile! These boaters flock to the Stonebridge after a day at sea. There are also 2 golf courses in town which create further revenues to capture during the summer season.
Opportunities for Growth
Depends on what you work out with the landlord. Together my landlord and I have grown this business over four times from its original state over 23 years. He wants the business to prosper and be a positive resource to the boaters.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$6,500 per month
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
I am a chef owner, been here 23 years and I am looking to slow down.
Transition Support
I can stay and show you how I run it as is. That means how to run it profitably, how to handle seasonal fluctuations and what to expect and how to be ready when sales jump for the summer season. I can also show you how I create menus, pricing, what has sold well in the past. I am here for you and want you to succeed.
Financing Options
Lease renews every year
Listing Info
ID
2538981
Listing Views
318

Listing ID: 2538981 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.