PRICE REDUCED For North Shore Restaurant/Pub. Annual sales $1.2M
Business Description
TURN-KEY PROFIT GENERATOR: Step into immediate cash flow with this established North Shore restaurant generating $1.2M annually ($25-28K weekly) in a prime tourist destination. You'll benefit from 12 years of proven success, strong net profits, and a loyal customer base that includes both tourists and locals.
YOUR COMPETITIVE ADVANTAGES: Secure your market position with an exclusive historic district location on a busy main road, capturing high-traffic tourist dollars year-round. The established entertainment venue attracts wedding parties from local hotels, creating additional high-margin revenue streams beyond regular dining.
IMMEDIATE INCOME POTENTIAL: Walk into a fully operational business with 15-17 trained employees, including experienced cooks and management, eliminating startup headaches and training costs. The 7-day operation (12pm-1am) maximizes revenue opportunities across all dayparts.
BUILT-IN GROWTH OPPORTUNITIES: Expand your profitability with 119 total seats (70 inside, 49 patio), excellent equipment, and a 3,000 sq ft facility positioned for increased capacity during peak seasons. The live music venue component provides additional revenue diversification.
FINANCIAL SECURITY: Benefit from favorable lease terms at $6,700 plus $1,705 NNN with 4 years remaining and multiple 5-year renewal options. Your investment is protected with first right of refusal on the building, offering potential real estate appreciation and long-term security.
LIFESTYLE TRANSFORMATION: Own a respected community gathering place known for great food, drinks, and entertainment while building wealth in a recession-resistant industry. The retiring owner's 12-year track record demonstrates sustainable profitability and operational systems that work.
This turn-key opportunity eliminates typical restaurant startup risks while delivering immediate cash flow and long-term wealth building potential in a proven market.
YOUR COMPETITIVE ADVANTAGES: Secure your market position with an exclusive historic district location on a busy main road, capturing high-traffic tourist dollars year-round. The established entertainment venue attracts wedding parties from local hotels, creating additional high-margin revenue streams beyond regular dining.
IMMEDIATE INCOME POTENTIAL: Walk into a fully operational business with 15-17 trained employees, including experienced cooks and management, eliminating startup headaches and training costs. The 7-day operation (12pm-1am) maximizes revenue opportunities across all dayparts.
BUILT-IN GROWTH OPPORTUNITIES: Expand your profitability with 119 total seats (70 inside, 49 patio), excellent equipment, and a 3,000 sq ft facility positioned for increased capacity during peak seasons. The live music venue component provides additional revenue diversification.
FINANCIAL SECURITY: Benefit from favorable lease terms at $6,700 plus $1,705 NNN with 4 years remaining and multiple 5-year renewal options. Your investment is protected with first right of refusal on the building, offering potential real estate appreciation and long-term security.
LIFESTYLE TRANSFORMATION: Own a respected community gathering place known for great food, drinks, and entertainment while building wealth in a recession-resistant industry. The retiring owner's 12-year track record demonstrates sustainable profitability and operational systems that work.
This turn-key opportunity eliminates typical restaurant startup risks while delivering immediate cash flow and long-term wealth building potential in a proven market.
About the Business
- Years in Operation
- 14
- Employees
- 15
- Facilities & Assets
- Beautiful Build Out. Most Equipment is just a couple years old and well maintained. Facility is approximately 3000 sq.ft. Inside with 70 seats, and outdoor patio with 49 seats. Two bathrooms, handicapped accessible
- Market Outlook / Competition
- This business is located in busy historic district in busy tourist town.
- Opportunities for Growth
- Plenty of opportunity to increase sales with increased advertising and increasing take out business ( adding Uber Eats, Door Dash etc..)
About the Sale
- Seller Motivation
- Owner is Retiring
- Transition Support
- Strong core staff. Owner is willing to train new owner.
- Financing Options
- Business is a good candidate for bank finacing.
Listing Info
- ID
- 2197802
- Listing Views
- 4002
Listing ID: 2197802 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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