42 Seat Restaurant with 2 BR Apt & Studio - Business & Real Estate

Asking Price$950,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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42 Seat Restaurant with 2 BR Apt & Studio - Business & Real Estate


Asking Price$950,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Just in time for the summer rush! A well-loved restaurant business as well as the real estate is now for sale in an upscale Cape Cod town. The restaurant is licensed for 42 seats, and serves dinner only. Owners are open from approximately May 1st through Columbus Day, and have a full seasonal liquor license. Over 24 years of excellent cuisine has been lovingly prepared here by the dedicated owners! The property has a 2-bedroom apartment and a studio apartment on the premises. Live here, rent out the space, or house your employees here! Many options for additional income include serving lunch and/or breakfast in addition to the current dinner tradition, and expanding your season. The property is under ¾ of a mile to the beach at the end of the street. Owners are open to creative financing, including a Lease/Purchase Option, for qualified buyers.
About the Business
Years in Operation
24
Opportunities for Growth
The restaurant has been run seasonally- new buyers could extend the season on either end. While the restaurant is profitable as-is, breakfast & lunch could be added, as currently only dinner is being served. Offering take out for beach lunches, or a coffee shop concept could both excel here. Two apartments available for buyers to use themselves, house employees, or rent out.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,252
About the Sale
Seller Motivation
New Venture
Transition Support
Sellers will be available to ease a transition for new buyers.
Financing Options
Lease/Purchase Option may be available for qualified buyers.
Listing Info
ID
2361015
Listing Views
1511
Attached DocumentsAttachment Disclaimer

NDA_42_Seat_Restaurant.docx


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Business Listed by: Sharon Dixon

Listing ID: 2361015 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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