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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