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Prime With Successful Restaurant And Bar For Sale

Gloucester, Massachusetts
Asking Price:
$329,900 (USD)
Sales Revenue:
$1,100,000 (USD)
Cash Flow:
Available on request

Located in booming historic downtown waterfront community with beautiful views of Cape Ann harbor. This busy restaurant offers excellent food, wonderful service and is loved by the locals – and a must visit for all tourists. Full bar and a warm ambiance serving freshest seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in the Gloucester market.

PARKING: Ample public parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM:Seller/Owner will negotiate a new lease
BASE RENT: $5,000 per month plus NNN
CONCEPT: Seafood/Italian/American cuisine
SEATING: Capacity of 135 persons (17 seats at bar)
SIZE: 3,200 square feet
HOURS: Open from 11:00 AM – 10:00PM 7 days
LICENSES: Full Liquor License – value 130K
SALES: $1.1M in 2018

ASKING PRICE: $329,900 (For the assets of the Business including the liquor license)

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Real Estate:

Lease

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