Prime Waterfront Restaurant & Bar
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1450000
Net Profit / Cash Flow $147000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2002
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Prime Restaurant & Bar in a popular South Shore location. This is the best location in town. It is newly renovated, with great views, open air seating and all of the activity generators an Operator would want. This business has two floors, Full Liquor, Live Music and a 220 person capacity. This is a must see!
CONCEPT: Waterfront Restaurant & Raw Bar
PARKING: There is a dedicated parking and On-Street Parking
SEATING: There is seating for 220 persons
SIZE: 4,200 square feet
LICENSES: Full Liquor -1:00 AM & Live Music (with some limitations)
RENT: $7,053 per month (includes the triple nets and water)
LEASE TERM: 2.5 years remaining on the initial term with two five year
options
SALES: $1,450,000 per year (Open for 6 months)
CASH FLOW: $147,000
ASKING PRICE: $650,000 (For the Business) Some financing may be
available for qualified Buyers
Click Here To Contact Seller
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