Restaurant with Full Liquor License

Norfolk County, MA

Seller Financing Available
Restaurant with Full Liquor License

Asking Price:$395,000

Cash Flow:$131,885

Gross Revenue:$1,375,596

EBITDA:N/A

FF&E:$125,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2013

Restaurant with Full Liquor License

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Business Description

Full service restaurant with full liquor license. Presently serves breakfast, lunch and dinner. American menu. Excellent location on a busy road just off a major highway. Grosses about $1.4 million. Good for any food concept. Well sought after upscale town. Excellent chef/owner opportunity. Could serve as an excellent franchise food operation location. There are many ways to improve the efficiency of the current operation.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
8 FT / 25 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully renovated and fully equipped facility. 2,580 sq. ft., 110 seats. Outdoor patio. Free standing building with parking.
Competition:
Known as a strong restaurant town and area.
Growth & Expansion:
Add more of a culinary touch to the menu. Grow the beverage portion of the business.
Financing:
$200k down/$195k for 60 mos. @ 6%.
Support & Training:
Will train for 3 weeks @ no cost. Presently has full liquor license. Restaurant experience is not required but is strongly recommended.
Reason for Selling:
Seller had no previous restaurant experience and is looking to change careers.

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Ira Rashap

Business Listed By:
Ira Rashap

Murphy Business & Financial Corporation

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