Italian Full Service Restaurant

www.GlobalBX.com

Listing ID: 700235622

Listing Title: Italian Full Service Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=235622

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Massachusetts

Area

City: Gloucester

Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2005

Number of Employees: 10 - 19

Business Description:
LISTING INFORMATION: TYPE OF BUSINESS: ITALIAN FULL SERVICE RESTAURANT, DOWNTOWN GLOUCESTER, MA SELLING PRICE: $115,000 SALES VOLUME: Previously doing $16K/wk LEASE: Approx. $4,300/m first year (including NNN) SQUARE FOOTAGE: Approximately 2,300 sf. HOURS OF OPERATION: 11 am – 10 pm, 7 days SEATING: 120 seats, including large separate function space with service galley COMMENTS: Fantastic opportunity to own in downtown Gloucester, MA. Presently closed due to other business requirements. Turnkey, beautifully updated Italian restaurant located only two blocks from the ocean. This restaurant is 2,300 square feet, fully remodeled kitchen and dining rooms that can accommodate over 100 patrons. This business holds a beer & wine license as well as a seasonal full liquor license. TTT lease $4,300/month. Private parking is available next to business. Full basement for excellent storage space. Updated with brand new alarm system, new AC and heat system and dishwasher. Separate beautiful function room that includes a service galley to host private events. Endless possibilities. Great potential in a quant seaside location. Call Jen at 978-828-0939 to see your next business. Subject to errors, omissions, prior sale or withdrawal from the market…all without notice.



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