Established Breakfast/Lunch Restaurant

New Bedford, MA (Bristol County)

Established Breakfast/Lunch Restaurant
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Asking Price: $100,000

Cash Flow: $71,000

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $63,000

Inventory: $2,500

Established: N/A

Established Breakfast/Lunch Restaurant

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Business Description

The restaurant serves breakfast and lunch Monday through Saturday, and breakfast-only on Sundays. They specialize in delicious and reasonably priced American cuisine, including some house specialties and other customer favorites.
Entrees are served in a relaxed and welcoming setting that customers, particularly families, appreciate. As a result, the restaurant has enjoyed a significant loyal, repeat customer base over many years. The restaurant has been a mainstay in this location for several decades.
The current owners, who have owned it for 15+ years, are looking to sell to focus on other business interests.

Detailed Information

Location:
New Bedford, MA
Inventory:
Included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant is approximately 2,000 square feet located in a busy retail plaza. The large, fully equipped kitchen is located in the back of the facility with rear door access for vendor deliveries. The restaurant features a long, central bar with stool seating, as well as tabletop chair seating totaling a capacity of 95 seats. The restaurant has ample off-street parking in the front, side and back of the building. The facility is leased by the owners at an attractive fair market rate.
Growth & Expansion:
A new owner, continuing the consistent, traditional offerings of this long-time venue, may consider expanding both the menu and the hours of operation. The kitchen and dining areas are fully equipped to also accommodate a dinner menu which is currently not offered. Pick-up is currently available, and delivery to the local community may be an option to consider, all of which would grow sales which have already consistently increased over recent years.
Support & Training:
As needed for a smooth transition.
Reason for Selling:
Other interests
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Adam Bradshaw

Business Listed By:
Adam Bradshaw

The Nery Corporation d/b/a Coastal Business Brokers

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Sponsoring Broker:
Kevin Nery

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