Full Service Restaurants

TYPE OF BUSINESS: Closed turnkey Victorian-style function facility / Immaculate 
LOCATION: Greater South Shore 
SELLING PRICE: $2.5M   SBA Ready
LISTING ID: DS8455 Click for listing sheet

SALES: $Closed

LEASE: For Sale

SQUARE FOOTAGE: Approximately 10,000 sq. ft. approx.  3 acres of pristine land.

HOURS: 

SEATING: 215

REASON FOR SELLING: OWNERS RETIRING AFTER 35 SUCCESSFULY

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COMMENTS:  Well-known successful landmark on the market for the first time. Owners have meticulously created a charming, comfortable, fully equipped function-wedding -restaurant facility. Sprawling grounds, chapel set up inside for weddings as well as outside. Owners opened the bar one night a week for specialty restaurant nights, tastings, and open house. If you are in the catering/restaurant/function business and you are ready to continue in another location, then this opportunity is made especially for you.

Huge pent-up demand for function space, dining & entertainment… this facility can do it all.   3 acres to play with!

Have to be seen to appreciate how beautiful and easily you can maintain the momentum or convert to some other concept. Adjoining parcel of land zoned for residential development.

Call Dennis at 617-721-9655 or nerb@comcast.net

TYPE OF BUSINESS:: LOCAL FAMILY RESTAURANT & PUB  
LOCATION: Main St., Watertown
SELLING PRICE: ONLY $1,450,000 for the restaurant & Real Estate.
LISTING ID: JR0409  Click for Listing Sheet

SALES: reporting $12K/wk.   NOW

LEASE: Negotiable, depending on the credit worthiness and experience of the buyer…seller owns the real estate.

SQUARE FOOTAGE: 3,000 sf. plus full dry basement

HOURS:10 am to 1 am…varies through the week.

SEATING: 130 seats

COMMENTS: Are you ready to MOVE UP to a classic family restaurant and bar…simple American fare, strong repeat customers, very CHEERS-like.  Large parking lot in back and located on the bus line…hospital, retail area all around. When you see this place, you’ll love it.

Motivated seller-contact Call John at 781-858-2343 or email:  jkruggie@comcast.net.

TYPE OF BUSINESS: Primarily breakfast & lunch, but strong on dinners and bar at the end of the week.                                   

LOCATION: Beverly

SELLING PRICE: $200,000 with $100,000 down                                                                         

LISTING ID: EM9411 Click for Listing Sheet

SALES: Now $7K…had been doing $15K+/wk 

LEASE: $6K/mo. + NNN   YRS. LEFT: 10 yrs.+ 5 option

10 yrs.+ 5 option  Right of First Refusal on the real estate.

SQUARE FOOTAGE: 4,000 sf. footprint + 400 sf on 2nd flr for storage and office

HOURS: Closed Monday, 7 AM -8 P.M. rest of week.

SEATING: 130 seats…includes 13 seats at bar

COMMENTS: This one of the nicest food operations on the north shore…exceptionally clean with excellent equipment and SOLID reputation. Seller has invested over $300K bringing it up to where it is today. Seller has reserved the right to increase the price once Covid-19 is no longer an issue and sales return to normal. Private parking across the street.

Call Betsy Masucci at 781-599-9707  or  email:   betsy817@verizon.net

TYPE OF BUSINESS: RESTAURANT & SEPERATE SPORTS BAR

LOCATION: Leominster  area highly populated area  

SELLING PRICE: $400K $200K Dn. 1 year option on RE   

LISTING ID: DS5077 Click for Listing Sheet

SALES: $35K a week /Prior to Health Crises.

LEASE: $7500/mo.  a SPECTACULAR 5.1% of gross!!!

SQUARE FOOTAGE: 6,500 sf. 

HOURS: 11:30 AM – 12 PM Most Days

SEATING: 250 Inside - 30 Outside

COMMENTS: Recently remodeled, beautiful dining/function rooms accommodate 200 guests. Soak up the atmosphere in the authentic large New England style tavern or relax on the covered outdoor terrace. Restaurant food and beverage selections will appeal to discerning guests for fine dining or a quick pint of draft beer from the 32 craft beer delivery system. Catering and delivery service in place. Two HUGE parking lots and separate office space available. Located on extremely high-volume traffic roadway and only blocks away from major university! WAS NETTING OVER $300K/YR. BEFORE HEALTH CRISES.

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Call Dennis at 617-721-9655 or nerb@comcast.net

TYPE OF BUSINESS: RESTAURANT-BAR/OPTION ON REAL ESTATE
LOCATION: Canton Area
SELLING PRICE: $395K $200K Dn. for the business.
$750K on the real estate with half down.  
LISTING ID: DS5077 Click for Listing Sheet

SALES: $25K a week 

LEASE: $TBD if real estate is not purchased

SQUARE FOOTAGE: 2,500 sf. 

HOURS: Tues-Thurs-5 to 10/Fri & Sat 4-10-Sun 12-6/cl Mondays.

SEATING: 90 Inside - 75 Outside

COMMENTS: Fabulous opportunity for a Chef-owner or experienced Restauranteur to purchase a turnkey profitable Business w/ RE. Beautiful Bar & dining room, excellent Condition throughout. This is the Real Deal/ Gorgeous patio that rocked all summer with major sales topping out @$30k wk.

to meet the owner.

Call Dennis at 617-721-9655 or nerb@comcast.net

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THE NATIONAL RESTAURANT EXCHANGE

TYPE OF BUSINESS:RESTAURANT, LOUNGE, FUNCTIONS & REAL ESTATE
LOCATION: Worcester area
SELLING PRICE: $1.9M …excellent financials for SBA financing (20% cash req’d)
LISTING ID: JR6996 Click for Listing Sheet

SALES: $60K -$70K/wk.    (October, 2021 sales were $380,000 [$95K/wk. )

LEASE: $5% of sales

SQUARE FOOTAGE: 11,000 sf

HOURS: 5 days: mostly 11 AM – 8 PM…closed Mon., Tues.

SEATING: :   (inside 400 seats)          (outside 85 seats)       (function 150+ seats)

COMMENTS: This is the first time in 30 yrs that this is being offered. Town sewerage is a plus. The bldg. is fully sprinkled and in impeccable shape. 150 seat function room, large dining room, beautiful lounge with live music Thurs., Fri., & Sat. One year Option to buy the real estate at Fair Market Value. Also Option to buy a total of 6.7 acres (useable land and bldgs. on about 3 acres. Adjacent income property also available.              

 Seller is NETTING approximately $600K/yr.

Call John Ruggieri at 781-858-2343 or jkruggie@comcast.net

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TYPE OF BUSINESS: FULL SERVICE RESTAURANT AND LOUNGE
LOCATION: Salem NH, close to MA border
SELLING PRICE: $450,000 CASH!
LISTING ID: EM 4444 Click for Listing Sheet

SALES: : STRONG $30K + /wk.  NO  DELIVERY Huge demand for catering

LEASE: $7,710/mo. (includes NNN) YRS. LEFT: 15+  no escalators

SQUARE FOOTAGE: Approx. 2,000 sf.  + full dry basement

HOURS: Closed Monday; 5 pm - 8:30 pm. Very short hours.

SEATING: 185 (Large Patio Planned)

4,000 sf. with full, dry basement for storage.

COMMENTS: Very active with private parties. Strong repeat business due to location, quality of food, and attention to service. Separate bar and pub area with 20-stool bar and numerous TVs for sports. Strong, dedicated staff and friendly atmosphere   Known for its great menu options and huge food portions.  Plenty of parking.  A seasoned operator will immediately see the value and potential.

NETS $300,000 PER YR...EVERY YEAR!

Call Betsy 617-840-5606                betsy817@verizon.net

TYPE OF BUSINESS:RARE-PRIME LOCATION- TURNKEY RESTAURANT-BAR

LOCATION: Greater Needham area

SELLING PRICE: $495.000DOWN PAYMENT’ 250K/ W/20K Security

LISTING ID: BC2212 Click for Listing Sheet

SALES: $42.5K wk.-(Pre covid) DELIVERY (2%)

LEASE: $11,030mt. NNN $2,907mt-(Includes water-sewer) Yrs. Left. 9 + 5 yr. option.

SQUARE FOOTAGE: 3,600 sf,

HOURS: 11am-11pm -7 days

SEATING: Inside- 99

COMMENTS: Full Liquor & entertainment licenses, located in the heart of one of the Hottest spots anywhere. Annual personal income exceeds $150K . Cannot miss. Over 1000 new high-end apartments/Condos being built to an already heavy traffic area. This Prime location is geared for the proven restauranteur with strong draw for entertainment/jazz. Excellent lay out, large bar w/high tops and open table seating for visible interaction. Add lottery-a social media giant-thousands of customers at your fingertips.  Contact Bob at 781-820-9288 or Bobcioffi14@gmail.com   Your Ship has arrived!

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TYPE OF BUSINESS: POPULAR RESTAURANT LOUNGE

LOCATION: Greater Norfolk Area.

SELLING PRICE: $199,000   Down Payment $125k- Owner financing /less for no financing.

LISTING ID: BC2280 Click for Listing Sheet

SALES: $15k /wk. (pre Covid $19k wk.) (only open 4 days for dinner)-Wow!

LEASE: :$4,500 mt. (NNN included) Yrs. left- 6 months + 5yr extension) More available.

SQUARE FOOTAGE: 2,600 sf,

HOURS: Only open 4 days/ Wed -Sat 5-10 pm

SEATING: Inside 75/ bar seats 15…..Outside tent 40

COMMENTS: Prime Location, located in a “Hot” restaurant area w/ hundreds of new upscale condo’s & apartments within a stone throw of this immaculate restaurant/ walking distance to the commuter train. Owners have gone to great lengths to add a beautiful bar-comfortable dining room, outside patio and unique decorations. Located in a very affluent area, this spot cannot miss regardless of Covid. Open Sundays, Monday & Tuesdays. Offer delivery, add lottery, social media, this is a Hot spot, perfect for a chef owner/family to capitalize on big earnings. Closed all major holidays, there is so much potential here to increase hours and make big money as the sales are particularly good-only open 20 hours a week. Contact Bob @ bobcioffi14@gmail.com-) cell-781-820-9288

TYPE OF BUSINESS: :  Italian Restaurant, Bar, Pizzeria and Fresh Pasta Shop/ Prepared foods/ Catering, REAL ESTATE AVAILABLE!!!
 LOCATION: Newburyport, right off the Rte. 95 exit…busy retail area.
SELLING PRICE: $1.8M  with $300K dn –or- $1.5M with SBA financing.
LISTING ID: JR8755 Click for listing sheet

SALES: $2.8M -$3.2M

LEASE: Negotiable

SQUARE FOOTAGE: approx. 6,000 sf..

HOURS: :  9 AM – 8 PM, closed Sundays

SEATING: (inside 70 seats)    (outside 30 seats)

COMMENTS:  Prior to Covid, sales were over $3M with a NET PROFIT of over $900K

2020 sales were approx. $2.8M with Net Profit of over $600K.

By all measurements this business is easily worth $1.8M ($1.5M with SBA financing).

The real estate is available…last yrs’ assessment was $770K.

This is a great opportunity to own not only an Italian Rest. with full liquor but also an Italian Market making and selling its own pasta and prepared foods as well as deli meats and condiments. The location is in a vibrant retail location as well as a huge residential neighborhood. Tremendous repeat customer base .

Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net

TYPE OF BUSINESS: ASIAN RESTAURANT & BAR
 LOCATION: Swampscott Water Front
SELLING PRICE: $125K   Down Payment: $65K
LISTING ID: EM7790

SALES: GROWING $15,000/wk.   Delivery:   20%

LEASE: New Lease available

SQUARE FOOTAGE: 1,000 sf. plus large full basement

HOURS: 11:30 AM  - 10 PM  DAILY

SEATING: 50 seats

COMMENTS:  Located at the beginning of   restaurant row  with great visibility. Business nets approximately $140K/yr...your cash investment back in the first year.

Call Betsy at  617-840-5606 or email  betsy817@verizon.net

TYPE OF BUSINESS: CASUAL DINING RESTAURANT AND PUB / SPORTS BAR

LOCATION: Burlington Lakeside near large office parks.

SELLING PRICE: $375K  with  $175K Dn.

LISTING DS5555 Click for listing sheet

SALES: $18K - $22K a week.

LEASE: $7,460 (includes NNN) yrs. 

SQUARE FOOTAGE: 3000 SF. + 1000SF upstairs function room or office

HOURS: 11am -1am  

SEATING: 240 Inside and out overlooking the lake.

COMMENTS: Unbeatable location on a beautiful lake and in close proximity to numerous office parks. Long bar, game room w/two pool tables, bands on the weekends. 2nd floor function room also overlooks lake. Two owners are absentee and realize that an owner should be on premises at most times to maximize sales and profits. If you're a seasoned operator with culinary talents, you'll immediately appreciate the potential. Real Estate Available.

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.