Great Neighborhood Restaurant and Bar with additional Income. Real Estate Available!
Listing #: (assigned once all required paperwork is submitted)
Location: (MA/RI area off Rt 95 )
Description: Great business with the best food in town. 90 seats with full liquor and entertainment licenses. Serves Pizza and full lunch and Dinner. Low prices and high food quality attract the locals and those passing through town as well. Much new equipment including hood, water, Fryolators, Walk ins (rebuilt), Ice Machine, Beer System etc. POS system is in place. Ample parking. Owner is tired and says to sell. Great opportunity to own a neighborhood eatery with the security of the real estate. Owner financing available. There is a great second income from the property as well. Fantastic potential to increase sales exist. More details available.
Financial Information
Yearly Gross: $627,000 plus $138,000
Cash Flow: $50,000 plus $33,000 total $83,000
Assets: Furniture, Fixtures, equipment, client list, phone numbers
Inventory: $4,000
Real Estate: $699,000
Financing: Some seller financing available
Asking: $899,000
General Information
Year Established: 1950
Years Owned: 5
Facilities: 4300 sf, For sale or lease
Concept: Casual Dining
License: Liquor and Entertainment
Seating: 90
Parking: 50
Lottery: $18,000
Growth and Expansion: See the ROI Agent for details
Support/Training: Owner will offer training
Reason Selling: Owner is tired
Employees: 2 full 20 part-time
Franchise: no Home-based: no Re-locatable: no
For more information, please contact
Company: ROI Corporation a BBANE Affiliate
Broker: Gary Rayberg/Michael Thames
Phone: 781-682-6209 ext
Cell:
Email: info@roibusinessbrokers.com
Information contained herein has been supplied and approved by the seller. ROI makes no claims as to the accuracy of the information. The buyer should verify all information independently during due diligence.
