Prime/Successful Restaurant & Bar – Gloucester

Gloucester, MA (Essex County)

Prime/Successful Restaurant & Bar – Gloucester
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Asking Price: $329,900

Cash Flow: N/A

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Prime/Successful Restaurant & Bar – Gloucester

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Business Description

Prime/Successful Restaurant & Bar – Gloucester

Located in booming historic downtown waterfront community with beautiful views of Cape Ann harbor. This busy restaurant offers excellent food, wonderful service and is loved by the locals – and a must visit for all tourists. Full bar and a warm ambiance serving freshest seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in the Gloucester market.

PARKING: Ample public parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: Seller/Owner will negotiate a new lease
BASE RENT: $5,000 per month plus NNN
CONCEPT: Seafood/Italian/American cuisine
SEATING: Capacity of 135 persons (17 seats at bar)
SIZE: 3,200 square feet
HOURS: Open from 11:00 AM – 10:00PM 7 days
LICENSES: Full Liquor License – value 130K
SALES: $1.1M in 2018

ASKING PRICE: $329,900(For the assets of the Business including the liquor license)

Detailed Information

Location:
Gloucester, MA
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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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