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- RE: Two For The Price Of One (A Bar & Restaurant)
- Contact: Shawn Charles
Quick Facts
Asking Price: | $275,000 | |
Annual Revenue: | $650,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 9 | |
BBN Listing #: | 951715 | |
Broker Reference #: | SEAFOOD |
Business Overview:
Imagine owning a piece of New England's culinary history with seafood and more drive-in restaurant that's been delighting customers for 50 years. This iconic 1,000 square foot restaurant space with its own patio, complete with a brand new 1,000 square feet 40 seat never-used bar and a charming patio stands as a testament to timeless tradition and modern innovation with its cost-saving solar panels. It's a rare opportunity to step into a turnkey business that's not only established but also promises a bright future with its sustainable practices and prime location. A golden chance for any aspiring restaurateur to make their mark in the restaurant world. Incredible opportunity to own a drive-in restaurant of this caliber doing this kind of business for a price like this with the huge upside like this call now you really don’t want to miss this one!
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Market Competition and Expansion:
Competition: This location like no other has supported this restaurant for 50 years.
Growth & Expansion: By opening the new never used bar space which would be the only one in the neighborhood could increase gross easily by $300,000 to $400,000 a year and if you can cook additional $45,000 in your pocket.
Reason for Selling:
Other business interestAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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