A South Shore Gem of a Restaurant
Asking Price: | $295,000 |
Gross Revenue: | $1,503,377 |
Cash Flow: | $140,000 |
This turnkey restaurant has a sharp contemporary look with an elegant bistro flair. It needs nothing!
Located in a small well-maintained strip mall -just 3minutes from Route 3. Plenty of parking which is very important. The area is densely populated with a mix of light industry.
The restaurant is well laid out and features a 16-stool wall bar popular for cocktails and dinner. The kitchen has plenty of space/catering opportunities etc. the dining area was refreshed 2 years ago. Current concept is Northern Italian fare – very popular in today’s culinary market. Enhance current concept or bring your own!
Its strengths are an easy access location, consistent food, and professional service due to a committed well-trained staff!
At this price you can’t go wrong. Seller is pursuing other interests. Won’t last; call for an immediate showing.
FACILITY: Located in small strip mall
PARKING: Plenty of parking available
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: New lease to be negotiated
BASE RENT: New lease to be negotiated
CONCEPT: Italian Restaurant
SIZE: 3,500 square feet
SEATS: 70 in dining room, 16 at bar, 12 bar high-top seats
HOURS: Open 4p-10p Tues-Sat; Sunday open for Brunch 11 am- 3pm & dinner at 4pm
LICENSES: CV, Full Liquor & Entertainment Licenses
SALES: $1,503,377 in 2023
CASH FLOW: $140,000
ASKING PRICE: $295,000 (For the Business)
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