Turn-Key Restaurant For Sale

Gloucester, MA (Essex County)

Turn-Key Restaurant For Sale

Asking Price:$95,000

Cash Flow:N/A

Gross Revenue:N/A





Turn-Key Restaurant For Sale

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Business Description

Must see! Turn-Key condition. High profile location on a busy street. The restaurant space is adaptable for multiple concepts.

LOCATION: Cape Ann Area

SIZE: Approximately 1,800 sf. Featuring a small bar, dining room, kitchen, restrooms and basement. The basement is used for storage, prep, refrigeration and an office space.

SEATING: The restaurant is licensed for 40 seats.

PARKING: There is ample parking available.

LICENSES: The restaurant is in the process of obtaining a Beer & Wine License. All licenses and permits would need to be applied for.

REASON FOR SALE: Due to an unexpected health issue.

RENT: The rent is $2,289+/- mo. (Includes real estate taxes and property insurance).

LEASE: There are approximately two (2) years remaining with two (2) options of five (5) years each.

PRICE: The asking price for the business assets is $95,000.

COMMENTS: The restaurant was extensively renovated: hardwood floors, hood and Ansul system, kitchen equipment and electrical/plumbing improvements.

Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.

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Heather Perkins

Business Listed By:
Heather Perkins

The Boston Restaurant Group Inc.

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