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CHATHAM - HARWICH~Cape's Most Affluent Town...RESTAURANT & RE

Harwich Port, MA (Barnstable County) (Relocatable)
CHATHAM - HARWICH~Cape's Most Affluent Town...RESTAURANT & RE

Asking Price: $2,000,000

Cash Flow (SDE): $150,000

Gross Revenue: $1,400,000

EBITDA: $300,000

Real Estate: $2,000,000

Established: Not Disclosed

Seller Financing Available
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Valuation Report
Business Description
CHATHAM area~~ FAMOUS Restaurant & Pizza Pub w/large REAL ESTATE

SELLING PRICE: Business and the large parcel of real estate for $2M as determined RECENTLY by an independent appraisal. Biggest parking lot in the area.
SALES VOLUME: Averaging $20K/wk- $30K. Strong online ordering & pick-up
SQUARE FOOTAGE: Bldg. is over 3,000 sf., lot is well over an acre.
SEATING: 97 inside 54 on large patio…waiting lines in the Summer for their pizza & beer.
COMMENTS: VERY rare opportunity to buy into such an affluent business community…businesses, especially with real estate, just don’t become available. Full liquor licenses are in high demand. Town sewerage is a distinct advantage. Entertainment is underutilized. This family operation is ready to grow with professional management.
This is the first time that this property has been available for 25 years. Illness motivates.
SBA financing is readily available.
The BUSINESS makes money.
The REAL ESTATE makes money.
When you resell this property in 20 yrs. you'll make a TON OF MONEY.
THE HARWICH-CHATHAM- BREWSTER AREA OF CAPE COD HAS THE HIGHEST DEMAND RATE OF THE ENTIRE CAPE.
You need to see this if you have the experience and the financial component.

Ad#:2149222

Attached Documents
Buyer NDA- 'seller'-2023...
Detailed Information
Location:
Harwich Port, MA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Big, beautiful bldg. on the main road...EVERY car going anywhere has to go by your door. Well maintained bldg., property, and equipment. Well over one acre in this fabulous town...TOWN SEWERAGE!!!
Competition:
It's easy to maximize sales during the summer, but a seasoned operator will easily see how to maximize sales off season.
Growth & Expansion:
Delivery, entertainment, advertising.
Financing:
To be negotiated...but buyers must be financially bankable & credit-worthy.
Support & Training:
This business is not for a first-time buyer. A seasoned operator will be able to double their sales.
Reason for Selling:
Medical Issues
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Dennis Serpone
Business Listed By:
Dennis Serpone NATIONAL RESTAURANT EXCHANGE
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Dennis Serpone
Business Listed By:
NATIONAL RESTAURANT EXCHANGE
Phone Number

Ad#:2149222

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