Profitable Roast Beef and Seafood Business. $11-12K per week

Bradford, MA (Essex County)

Seller Financing Available
Profitable Roast Beef and Seafood Business. $11-12K per week

Asking Price:$229,900

Cash Flow:$343,200

Gross Revenue:$528,000





*not included in asking price.

Profitable Roast Beef and Seafood Business. $11-12K per week

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Business Description

This may be the business opportunity you have been looking for? Here is a busy roast beef and seafood restaurant that has been a local landmark for over 40 years and is situated on a corner lot in the center of town. Plenty of private, off-street parking. Keep the current menu or add your own concept for increased sales. Price includes business, furniture, fixtures and equipment. Owner Motivated !!

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Detailed Information

Not included in asking price
10 part-time
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This restaurant facility is located in the center of town on a corner lot with excellent street visibility and 15 private parking spaces. At over 1400 square feet, the interior has a 24-seat capacity, restroom, manager's office, an efficient chef line with full Ansul venting and a large backroom for storage and additional food preparation. As a turnkey operation, this business comes with everything the new owner will need to be successful including equipment, utensils and a 40+ year history of loyal customers.
Although there are competitors in the area, this business stands out due to its long history, local following and prominent location in town. In addition, the private, off-street parking lot is a real advantage for a business in this high traffic area.
Growth & Expansion:
This business is well known for quality roast beef, salads and seafood but a new owner could increase sales with the addition of new items such as pizza and a breakfast menu. Increased delivery service and a slight increase in prices could add even more profit to the bottom line.
Support & Training:
The owner is willing to train for a short term following the sale in order to provide a smooth transition for the buyer.
Reason for Selling:
Owner retiring.

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Tim Larrabee

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Tim Larrabee

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Sponsoring Broker:
Tim Barry, Rich Canzano and Steven Vaciliou

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