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  • RE:  2 Restaurants: 1 Upscale Dining - 1 Entertainment
  • Contact:  Jeffrey Hollow
Owner Financing is Available!
Owner Terms:$25,000.00 Interest:8% Term Months:12 Monthly Payment:$2,174.71

Quick Facts

Asking Price: $425,000
Annual Revenue: $665,470
Net Profit: Not Disclosed
Cash Flow: $253,595
Total Debt: Not Disclosed
FF&E: $305,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 948177
Broker Reference #: 60348-165737

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Business Overview:

2 Restaurants: 1 Upscale Dining - 1 Entertainment Destination

Designed to be a craft cocktail bar with light fare but was so well received it morphed into a full service upscale restaurant. It has become a "hidden gem" that is atypical for the area, thus extremely well received. The restaurant occupies a void in the market for upscale dining options with one of the best allocated spirit collections in New England. Featured on Phantom Gourmet, it is known for the personal element of service, atmosphere and quality.
The second restaurant also fills a void in the local market, accomplishing a fun and energetic atmosphere with exceptional food and beverage, and a full stage. It is a perfect night out for those who want to have a good time in a mature, comfortable environment.

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Property Features and Assets:

Monthly Rent: $6,809.00

Square Units (Foot, Meter): 7,542

Lease Expiration Date: May 30, 2026, 9:00:00 PM

Terms Options: 2 more 3-year options

Reason for Selling:

Moving

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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