Profitable Restaurant with Real Estate

Plymouth County, MA

Profitable Restaurant with Real Estate
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Asking Price: Get Financing: $1,550,000

Cash Flow: $250,000

Gross Revenue: $1,426,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Profitable Restaurant with Real Estate

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Business Description

Profitable Restaurant with Real Estate

Tremendous opportunity to buy a business and real estate. Profitable restaurant grossing $1.5 MM per year. Full liquor license, outdoor seating, great function spaces, completely equipped kitchen offering multiple revenue streams. Building in good condition and has rental income from two 2 bedroom residential apartments. Great chance to own a profitable business and build equity! This is a very bankable deal!!

FACILITY: Freestanding building with 2 residential apartments (for employees- no
kitchens)
PARKING: Dedicated Parking Lot with 90 spots
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: Real Estate Included in the Sale
CONCEPT: Homestyle American Restaurant
SIZE: 7,200 s/f -1.4 acres total land
SEATS: Seats 174 inside, 40 outside
HOURS: Open Tuesday through Sunday
LICENSES: Full Liquor License
REAL ESTATE VALUE: The real estate is valued at $1,150,000
RENT INCOME: Two 2-bedroom apartments generate $800 and $1,250 per
month (currently way below market)
ASKING PRICE: $1,550,000 For the Business & Real Estate – Bank financing
available

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
7,200
Financing:
Bank financing available
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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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