Attractive Beverly Restaurant
| Asking Price: | $195,000 |
ADDRESS: Beverly, Massachusetts, 01915
SIZE; The restaurant is approximately 2,200 square feet of space.
SPACE: The interior was built out in 2020, with an investment of approximately $550,000. The footprint features a sit-down counter, a dining area, a takeout section, open kitchen and rest rooms. There is no basement.
CONCEPT: Neighborhood bistro/eatery serving casual dishes.
SEATING: Licensed for 56 patrons inside, plus outdoor seating for 18 patrons.
LICENSE: The restaurant has a Beer, Wine & Cordials License, to be applied for.
HOURS: Open 6 days Tuesday – Sunday: Lunch: 11:00AM – 3:00PM Dinner: 5:00PM – 9:00PM
RENT: The gross rent is approximately $6,149 mo. / $73,788 year
LEASE TERM: There is approximately a year remaining, plus an option of five (5) years.
SALES: Sales in 2023, were approximately $651,952.
PRICE: The asking price for the assets and the improvements is $195,000.
COMMENTS: The restaurant is adaptable to multiple concepts. Ideal for a chef owner/operator or casual theme concept. The asking price is based upon the turnkey condition, the quality of the improvements and the lease.
Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
