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- RE: Marlboro-Bk-Lunch-Dinner Restaurant
- Contact: Bob Cioffi
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | $1,250,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 22 | |
BBN Listing #: | 980641 | |
Broker Reference #: | BC66 |
Business Overview:
MARLBORO Area
SELLING PRICE: $395K …no seller financing
SALES VOLUME:Averaging around $1.2M/yr or around $25K/wk.
SQUARE FOOTAGE: 3,800sf.
HOURS OF OPERATION: 7 days, 7 am – 9 pm (Sundays till 3 pm)
SEATING:96 inside38 on left side patio, 76 on right side patio overlooking lake
REASON FOR SELLING: redeveloping a huge project
COMMENTS: Owner in the process of building an approved outside bar on left patio.
Seller spending over a million dollars to expand the property and open access to the lake.
This restaurant is renowned for its breakfasts for over 40 years. Fabulous opportunity for expanding lunch & dinner, this lake location is rare indeed. Full liquor license and bar.
The name doesn’t go with the sale but can be used for a while.
FIRST TIME OFFERED!
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Property Features and Assets:
Free standing, plenty of parking, high visibility, very busy state road., located on popular lake. Turnkey, big kitchen, 40yrs in business, 3 shifts, easily can cut down or change concept. Lots of industry for increase sales and town population of 80k plus and growing.
Market Competition and Expansion:
There is nothing like this anywhere. soon to have renovated lake views, upgraded patios (2) walkway and pleasant atmosphere.Rare indeed.
Reason for Selling:
Owner redeveloping a huge project.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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