Award Winning Restaurant with RE – North Shore!!!

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Award Winning Restaurant with RE – North Shore!!!

LOCATION:  North Shore
CAPACITY:  100 seats inside & 26 seats outside
SIZE:  4,007 square feet (RE is .275 acres)
RENT:  $2,602 per month (plus triple nets)
LEASE:  Landlord will negotiate new lease.
LICENSES:  Full Liquor License
SALES:  Range: $1.4-$1.8mm per year
CASH FLOW:  $280,459 per year
ASKING PRICE:  $499,000 (For the Business) or $1,599,000 (For the Business & Real Estate)
This long-established restaurant is in a highly visible location with a fabulous view of the marshes and sunset. It is within a few miles of a downtown area and draws both local and tourist clientele. A new owner could seek town approvals to expand seating and add a rooftop deck. Other opportunities for growth are to expand catering, private events and takeout business; market the lunch business; and attract more customers during the off-season. Excellent opportunity to own a true landmark along with the real estate.
Todd Smith
Corbett Restaurant Group
Ten Post Office Square, 8th Floor
Boston, MA 02109
(617) 948-3394
Todd@CorbettRestaurantGroup.com

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