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High End Restaurant For Sale

Essex County, Massachusetts, United States
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Asking Price$395,000
Revenue$970,000 EstablishedUndisclosed
Cash Flow$156,000 Employees2 full, 8 part
FF&E$40,000 FranchiseNo
Inventory$8,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Landmark restaurant for sale on the beautiful seacoast. This 120 seat restaurant plus function room is located is bustling downtown area on a popular street with heavy foot and car traffic. This town is a destination for multi-cultural dining and upscale shopping for tourists and locals alike.Two floors of seating with wonderful views overlooking the street. Restaurant has been in continual operation for many years. Currently serving ethnic cuisine, but new owner may choose a new theme or different concept. Restaurant has large kitchen and spacious bar. The town is one of the fastest growing in all of New England. This is a foodie destination with many fine restaurants and boutique shops. This restaurant grosses an average of a million dollars a years and owners net cash flow is over $150,000 a year. Lease is $8,900/MO. Long term lease available. All furnishings and equipment included. 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.
Training/Support:The seller will train the new owner.
Seller Financing:$395,000.00 Down and
Sale Reason:Other business interest.
Ad #74168
Seller Reference #27201
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Contact This Seller
Christopher Gordon
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