1626 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$650,000
Revenue$1,200,000 Established2010
Cash Flow$500,000 Employees5 full, 4 part
FF&E$100,000 FranchiseNo
Inventory$7,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 32414
Historic East End Bistro w/ 2 Bdrm Apt. Full bar and full liquor license. The likes of Albert Einstein used to dine here back in the day. Today it is a favorite of locals and Summer visitors. Don't let the "Historic" fool you. The owner/operator has painstakingly restored the dining room to its original luster. The kitchen is fully modernized with an exterior (covered and enclosed) walk-in refrigerator and dry storage area. With inside seating for 63, an additional 7 at the bar, and 20 outside, it is perfect for a casual family dining experience. They are open for lunch and dinner ONLY 6 DAYS PER WEEK. In the past year the business grossed approx. $700,000.00 with a Net Income of approx. $185,000.00. The location has 10 years left on the current lease at a rent of $5,303/mth. THAT RENT INCLUDES A 2 BEDROOM APARTMENT that can be used for the new owner, the staff, or sub-leased for rental income. We are looking for a serious and financially qualified buyer with restaurant experience and at least $449K in liquid funds. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY! Please call Mel Vaz at 1-877-735-5224 for more information on this business.

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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.  
For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-32414 for instant access to this business information.
Training/Support:Seller will train
Seller Financing:500,000.00 Down & $150K over 4 years at 6%
Sale Reason:Divesting
Ad #133516
Seller Reference #32414
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
877-735-5224
Name
Email Address
Message