NEW ENGLAND RESTAURANT BROKERS
Food & Beverage Specialists
Type of Business: Full Service Restaurant & Lounge
SELLING PRICE : Asking $700K; real estate alone assessed at over $470K (two Parcels)
SALES VOLUME: $17K/wk.
NO. OF SEATS: (Inside) 200 (outside) 45
SQUARE FOOTAGE: Bldg. 5,000 sf; lot approx. 1 acre
HOURS OF OPERATION: 7 days…lunch, dinner, -busy lounge
COMMENTS: Very busy location with great visibility. Good opportunity for a seasoned operator to move up to your next level of success. Real estate is undervalued for this area. This is a place that an experienced, credit-worthy buyer should look at. Being a chef (or having one) is a distinct advantage.
Call Marie at 978-902-0350 to see this beauty.

Type of Business: Bagel Shop!

LOCATION: SALEM AREA
SELLING PRICE : A DEAL AT ONLY $60,000
SALES VOLUME: $3K-$3,500/wk. (Winter…much higher other
LEASE: $4,100/mo. (includes NNN charges) Yrs. Left: 5 + 5
NO. OF SEATS: (Inside) 65 (outside)_____
SQUARE FOOTAGE: Approximately 3,000 sf.
HOURS OF OPERATION: 7 am -3 pm; 7 days
COMMENTS: This is an excellent location & excellent facility. Located at the entrance to a major tourist attraction and next to the only movie theater in town. Business can be built with advertising and opening later hours when tourists are in town. Bring in a bagel boiler and make your own bagels (the rest of the equipment is there). THIS IS A STEAL…it would cost $200K to rebuild this store.
Call Marie to see this beauty at 978-902-0350.
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LOCATION: Norton-Mansfield area
SELLING PRICE: $125,000 with $50,000 cash down payment
SALES VOLUME: $5,000 per wk.
LEASE: $1,700/mo. includes NNN Yrs. Left: 3 + 5 yr. Option
NO. OF SEATS: 50 seats (could be a max of 65 seats)
SQUARE FOOTAGE: Approximately 2,000 sf.
HOURS OF OPERATION: 11 am – p pm; closed Mondays
COMMENTS: Excellent food…downtown location. Catering is also part of the business not in given figures. Some retail take-out sales. Interested, call Dennis at 617-721-9655
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LOCATION: MELROSE-STONEHAM-WINCHESTER area
SELLING PRICE: $350K for business; $850K for bus. & RE.
Some seller-financing is possible for a credit-worthy buyer.
SALES VOLUME: Strong $14k-$16K/wk
LEASE: $4K/mo. + NNN Yrs. Left: New lease
NO. OF SEATS: 99 seats
SQUARE FOOTAGE: Restaurant is approx. 2,300 sf…lot: 3,500
HOURS OF OPERATION: 11:30 am – 10 pm, 7 days
COMMENTS: 1 AM liquor and entertainment licenses. Municipal parking directly across the street. GREAT location for an upscale steakhouse.
You need to see this place. Call Richard at 617-999-7869.
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TYPE OF BUSINESS: CHINESE RESTAURANT


LOCATION: DANVERS- PEABODY AREA
SELLING PRICE: $90K $65K DOWN
SALES VOLUME: $5-$6k WK.
NUMBER OF SEATS: 31 CAN HAVE UP TO 48
LEASE: $2,659 Includes (NNN) YRS. LEFT: 7
SQUARE FOOTAGE: 1,650sf
HOURS OF OPERATION: 6 Days Closed Mondays
Tuesday – Thursday: 11:30-10:00
Friday -Saturday: 11:30-11:00
Sunday Noon- 10:00pm
COMMENTS:
This is one of the nicest Chinese Restaurants I have seen. Great food and very inviting when you walk in the door, 31 seats including 4 counter seats. They also offer take-out and delivery. This place is located in a great town.
There is a Pizza- Roast Beef Place & Seafood Restaurant on the same strip.
This location would also make a great Sushi or Thai Restaurant.
Don’t miss out on this beautiful place.
Best Time to see this place is Monday’s 3-4pm if possible, or later.
Call Jeannie at 978-407-1164 for more info.

TYPE OF BUSINESS: BREAKFAST & LUNCH
LOCATION: Tourist area of Salem; hi-foot traffic
SELLING PRICE: Very reasonable $125,000 with $80k down
SALES VOLUME: Strong $6K per week /more tourist season.
NUMBER OF SEATS: 50 seats
LEASE: $1,930/mo. YRS. LEFT: new lease available
SQUARE FOOTAGE: Approximately 1,100 sf.
HOURS OF OPERATION: 7 am – 3 pm; Sunday 7 am – 1 pm.
COMMENTS: You couldn’t find a better location in the city. In the center of town, get visibility, and strong local business clientele. Owners have operated the business for 11 yrs. Smack in the middle of the red line tourist walk in famous downtown Salem Ma. This is a great breakfast and lunch! Contact Mr. Williams @ 978-239-9994
TYPE OF BUSINESS: FULL SERVICE RESTAURANT
LOCATION: North of
SELLING PRICE: $950,000
SALES VOLUME: $50K PER WEEK
NUMBER OF SEATS: 150
LEASE: $7500.00 base rent plus $1,300 current NNN
SQUARE FOOTAGE: 5000 sq ft.
HOURS OF OPERATION: 6:00 AM – 9:00 PM Sun –Fri, 6:00AM – 1:00 AM Sat
REAL ESTATE: NOT INCLUDED
EMPLOYEES: 20
COMMENTS: 1:00 AM Liquor License included. Very profitable and popular restaurant with a long – lease in place. Excellent location with plenty of parking and a high traffic count. Financing available to qualified buyers. Must be a strong buyer with good knowledge of the business to qualify for the financing. extremely confidential, no photos, must fill out an NDA

TYPE OF BUSINESS: BREAKFAST & LUNCH

LOCATION: Tourist area of Salem
SELLING PRICE: Asking $100K All Cash!
SALES VOLUME: Strong $5K/wk.
LEASE: $3,650/mo includes NNN & heat. Yrs. Left: 5+5
NO. OF SEATS: 65 seats (including 9 stools at counter & 3 seats at window shelve.
SQUARE FOOTAGE: Approximately 2,000 sf.
HOURS OF OPERATION: 7 am – 3 pm, 7 days
COMMENTS: This is one of the nicest restaurants in one of the best locations. If you’re in a position to take over a winner, contact Mr. Williams @ 978-239-9994



LOCATION:
SELLING PRICE: $540,000
SALES VOLUME: Approximately $4,000/wk.
NO. OF SEATS: 70 seats
SQUARE FOOTAGE: Approximately 1,400 sf.
HOURS OF OPERATION: 4 – 9 pm; 4-1 am weekends;
closed Mondays
COMMENTS: Real estate was assessed for $638K within the last 18 mos.
Four apts: 2 studios at $175/wk each (includes heat & hot water)
1 apt., one bdrm at $185/wk (includes heat)
1 apt., two bdrm at $235/wk (included heat)
Apts . yield about $40K/yr.
Call Marie at 978-902-0350



LOCATION: Methuen-Dracut area…just off Rte. 93
SELLING PRICE: $365,000 with only $150K down.
SALES VOLUME: $25K per wk.
LEASE: $7K/mo (includes NNN)…lower rent for first couple of years.
NO. OF SEATS: 150 seats includes beautiful lakeside patio
SQUARE FOOTAGE: Approximately 5,000 sf.
HOURS OF OPERATION: 8 am – 8 pm; closed Mondays

TYPE OF BUSINESS: LANDMARK ITALIAN RESTAURANT


LOCATION: North of Boston…high traffic location
SELLING PRICE: $275K with $150K cash required.
SALES VOLUME: $25K per wk…25% food cost.
LEASE: $6,500/mo NNN Yrs. Left: 10 yrs. + 5 yrs.
SQUARE FOOTAGE: 3,000 sf.
SEATING: 125 seats
HOURS OF OPERATION: 4 pm – 9:30 pm; closed Mondays
COMMENTS: WHAT A GOLD MINE FOR A SEASONED CHEF-OWNER. One of the most respected high quality Italian restaurants on the north shore. Enhance business with a bigger bar and entertainment. If you’re a professional, you’ll see how to maintain their EXCELLENT repeat clientele and, at the same time, see how you can bring the business to a higher level.
Let us buy you dinner. Call Richard at 617-999-7869