Profitable Main Street Restaurant

Bristol County, MA

Profitable Main Street Restaurant
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Asking Price: $175,000

Cash Flow: $110,000

Gross Revenue: $962,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,000 /Month

Established: 2000

Profitable Main Street Restaurant

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Business Description

Profitable Restaurant with growth potential!

Well-known local main street restaurant for sale. Great opportunity to own an established restaurant. The restaurant has been owned and operated by the same owner for 19 years. Sales have generally been in the $1 Million to $1.2 million dollar range with Seller’s Discretionary Earnings of $100,000+. The restaurant is in a great location next to local government offices with good exposure and easy access to the busy downtown traffic.
The restaurant seats 26 inside (with expansion capability) and an additional 50 outside on their popular patio which is open in the spring and summer. Restaurant is open for breakfast & lunch daily and dinner on Thursdays and Fridays. Menu consists of a tasty selection of American dishes as well as beer and wine offerings. Restaurant enjoys a healthy takeout business and delivers to local residents.
Business is fully equipped and turnkey. New operator should be able to step right in and takeover.

Detailed Information

Location:
Bristol County, MA
Real Estate:
Leased
Building SF:
3,200
Lease Expiration:
N/A
Employees:
20
Facilities:
738 +/- square feet on street level which includes Restaurant area and small kitchen 2,556 +/- square foot basement with second kitchen, office & storage Outdoor patio with seating for 50 guests.
Growth & Expansion:
Opportunities for growth include: Increase hours of operation Upgrade liquor license from wine & beer to full liquor Expand use of patio to include entertainment along with cocktail menu. Become a Yelp member Join Uber Eats & Door Dash Advertise
Support & Training:
Whatever is reasonable.
Reason for Selling:
Retiring
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Contact the Seller

(from currently available funds)
 
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Carl Bouslough

Business Listed By:
Carl Bouslough

Squizzero, Carp & Associates

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Sponsoring Broker:
Buddy Carp

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