TYPE OF BUSINESS: FULL SERVICE RESTAURANT / BAR

LOCATION: Gloucester / Rockport area.

SELLING PRICE: $550K 

LEASE: $4,275/mo. (Rent Ratio only 3 1/2% Wow!)

YEARS LEFT: 13 yrs.

LISTING ID: MF4440 Click for Listing Sheet

 
 
 
 
 
 
 

TYPE OF BUSINESS: NORTH SHORE SEACOAST RESTAURANT DOING $50K/WK + REAL ESTATE 

LOCATION: North Shore Location

SELLING PRICE: $2.5 Million. Real Estate appraised for over $2M (includes 2.5 acre lot + 2 single family homes, 3 cabins for employees, 100 pk'g spaces, & 10,000 sf. restaurant & functions. 2 flrs.)                               

LISTING ID: DS4000 Click for Listing Sheet

SALES: averaging $50K/wk.

SQUARE FOOTAGE: 10,000 SF.

HOURS: 

SEATING: dining 150 seats) (2nd flr. functions 80 seats, 23 seat bar)

COMMENTS: Imagine only paying $500,000 for a restaurant doing $2.4M/yr.Very active numbered route guarantees high traffic daily. STRONG, loyal customer base.Restaurant is fully sprinkled and has town sewerage. Adjacent 3 acre property is also available.This bldg. could easily be re-positioned for 'all functions' or the bldg. could be  expanded to accommodate 'entertainment' (lacking in the area) If you're a seasoned operator, with a solid financial footing, this could be your best buy of the decade. Some owner financing for experienced operator. This location needs a strong operator. NETS $500K A YEAR!  Owner is retiring allowing you to take over this landmark. Dennis at 617-721-9655 to tour this unique property. Or call 978-902-0350  ellesell3@gmail.com

TYPE OF BUSINESS: LANDMARK ITALIAN RESTAURANT.

LOCATION: Norwood area Norfolk County, busy RT. 1 south general area

SELLING PRICE: $260,000 W/ $100K  Down. This is our best value restaurant for sale.

LISTING ID: BC0005 Click for Listing Sheet

SALES: $1 Million ($20K wk.)

SQUARE FOOTAGE: 7500 sq. ft.

HOURS: 7 days….4PM -10pm

SEATING: Inside 235

COMMENTS: Free Standing Turnkey Italian Restaurant.Local landmark, excellent condition, has 2 kitchens (one for functions) Great bar (20 seats) and finely appointed Dining room. Separate function room. Owner has owned for 15+ years, wants to retire. True Turnkey. This restaurant is high Profile, excellent visibility + parking, a Prime Location. Great opportunity for a seasoned operator / Underutilized functions room. Blast social media, events nights, advertise, it’s all here. Can be whatever your style, perfect for chef-owner or family and really priced to SELL! Expand hours, add catering.

Contact Bob @Bobcioffi14@gmail.com-(cell 781-820-9288)

THE NATIONAL RESTAURANT EXCHANGE

Disclaimer: The financial information in these business listings have been provided by the Seller. The National Restaurant Exchange have not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. We recommend that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or our companies. You agree to hold the National Restaurant Exchange, and its associated brokers harmless for any misrepresentations made by seller.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at Nerb@comcast.net or call us at 1-617-721-9655 to discover the difference that is The National Restaurant Exchange.

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