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Unique Restaurant Property with Real Estate |
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Monday, 14 April 2008 15:03
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The restaurant is located on a state route in Plymouth County. This unique property is sited in a residential neighborhood; the immediate area is heavily populated and offers a large customer base. The restaurant enjoys very high traffic counts. The current concept is a Breakfast and Lunch restaurant that also serves ice cream. This restaurant and property have a lot of potential for the right operator. 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. Expenditures on marketing and signage should result in a favorable return on investment.
| Facility |
The restaurant space is approximately 2,000 square feet. It is comprised of a dinning room, counter seating, service window, kitchen, prep area and bathrooms. The dining room and counter allows for approximately 55 seats, and there is space for seating outside. There is a full basement that is currently used for storage. There is a private parking lot with ample parking.
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| Real Estate |
.577 Acre lot non-conforming commercial use with 90 feet of frontage in a residential district. The structure has a finished area of approximately 1,962 square feet. The current use is a full service restaurant. The Real Estate has been assed by the town at $362,000 for the year 2008.
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| Concept |
The current concept is a Breakfast and Lunch restaurant that also serves ice cream.
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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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| Hours |
Open from 6:30 AM- 2:00 PM.
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| Licenses |
Common Victular’s, Beer & Wine
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| Sales |
The sales are approximately $360,000 annually.
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| Price |
The asking price for the business is $525,000
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