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Restaurant with Liquor & Real Estate |
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Monday, 07 April 2008 15:03
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The restaurant is located on a main street that runs through the middle of town. The town is approximately five miles from Boston.
| Facility |
The restaurant space is approximately 2,500 square feet. It is comprised of a dinning room, kitchen and bathrooms. The dining room is an open floor plan that allows for approximately 90 seats. There is a full basement that is currently used for storage. The current concept is a full service restaurant and bakery and is open from 7am - 8:30pm.
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| Opportunity |
This restaurant is loaded with opportunity, the business and property could be taken over as is or an operator could invest in the property. Sales could be grown quickly by opening for dinner and increasing alcohol sales.
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Reason for Sale |
The owners are retiring.
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| Real Estate |
7,876 Square Foot lot zoned mixed use in the business district. The structure is 6,312 square feet gross with 3,920 square feet of living area. There is a full service restaurant on the first floor with a liquor license and two one bedroom residential apartments above.
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| Parking |
There are six parking spots on the property and ample on-street parking.
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| Equipment |
The equipment is in good condition and has been well maintained and is of good quality.
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Apartment Rentals |
The apartment rentals are generating $1,300 per month and the tenants are at will.
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| Licenses |
Liquor license service bar only per the town. Common Victualler, Liquor License.
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| Sales |
The sales are approximately $350,000 annually.
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| Price |
The asking price for the business is $935,000
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