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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 #: | 980639 | |
Broker Reference #: | BC66 |
Business Overview:
MARLBORO Area
SELLING PRICE: $395,000 …no seller financing
SALES VOLUME:Averaging around $1.2M/yr or around $25,000/week.
SQUARE FOOTAGE: 3,800 square feet.
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! Contact Bob Cioffi - Please use reply to this ad button to contact us.
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Property Features and Assets:
Located on main state raod, easy access, plenty of parking. free standing, overlooking lake.
Nice warm bar, comfortable and cozy furnishings. Huge upside, first time on listed after 40 years.
Owner is spending 1 million to put in walkway and additional lake seating.. Bustling town
Market Competition and Expansion:
Without question, there is nothing like this in this 80,000 plus population of this town. Lots of industry and retail businesses for a dramatic draw to this area.
Reason for Selling:
Owner redeveloping a huge project.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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