Prime/Successful Restaurant & Bar – Essex County

Essex County, MA

Prime/Successful Restaurant & Bar – Essex County
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Asking Price: $670,000

Cash Flow: N/A

Gross Revenue: $2,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $2,050,000*

Established: N/A

*not included in asking price.

Prime/Successful Restaurant & Bar – Essex County

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Business Description

Well established with a strong repeat customer clientele, this property is unique with modern touches in a rustic setting in a very desirable town in Essex county. This busy restaurant with multiple revenue centers features two separate function rooms to accommodate all your special events to include but not limited to, banquets, baby and bridal showers, business meetings and weddings. Offering a sophisticated, yet classic, menu in comfortable, unique and graceful spaces. Full bar and a warm ambiance serving the finest steaks, freshest seafood along with many quality daily specials at reasonable prices in sophisticated digs.

PARKING: Huge private parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: The building and real estate are available for sale, otherwise a lease
will be negotiated
BASE RENT: N/A
CONCEPT: American cuisine
SEATING: 111 persons on first floor, 2 function rooms for 40 and 60 persons
respectively
SIZE: 9,489 square feet in dining area including 2 function rooms
HOURS: Open from 11:30 AM – close (12.00AM) 6 days, closed Monday
LICENSES: Full Liquor License
SALES: $2,400,000 per year
ASKING PRICE: $670,000.00 (For the assets of the Business). Real Estate only
available at $2,050,000. Business, Real Estate plus a free-standing
building on the property with 3 rental units are available for purchase
at $2,720,000.

Detailed Information

Location:
Essex County, MA
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Contact Seller

Contact the Seller

(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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