Restaurant with Real Estate for Sale in Amherst-Northampton Area
Business Description
LOCATION: Popular dining destination in the Five College region.
SALES: $1.8 Million in 2022 and $1.7 Million in 2021.
RESTAURANT: 3,500 sq. ft. with 1,500 SF finished basement and ample parking.
CAPACITY: 135 seats, plus 30 outdoors.
CONCEPT: Casual theme, moderately priced, serving creative comfort food.
SALES RATIO: 75% food to 25% beverage.
HOURS: Open nightly for dinner.
STAFF: The longevity and experience of staff can provide for a smooth transition.
CONDITION: The restaurant has been professionally maintained and continuously updated over the years and is in turn-key condition.
DEMOGRAPHICS: Within a 20-minute drive is a residential population of 115,000 with an average household income of $110,000 and 55,000 employees.
TRADE AREA: Shops, restaurants, residential areas, cultural and historic landmarks.
APPRAISAL: The real estate was appraised in February 2023 for $1,200,000, not including the assets and goodwill of the business.
PRICE: $1,600,000 for the assets of the business and the real estate.
FURTHER INFO: Additional information can be made available for qualified buyers upon signing a Non-Disclosure Agreement.
SALES: $1.8 Million in 2022 and $1.7 Million in 2021.
RESTAURANT: 3,500 sq. ft. with 1,500 SF finished basement and ample parking.
CAPACITY: 135 seats, plus 30 outdoors.
CONCEPT: Casual theme, moderately priced, serving creative comfort food.
SALES RATIO: 75% food to 25% beverage.
HOURS: Open nightly for dinner.
STAFF: The longevity and experience of staff can provide for a smooth transition.
CONDITION: The restaurant has been professionally maintained and continuously updated over the years and is in turn-key condition.
DEMOGRAPHICS: Within a 20-minute drive is a residential population of 115,000 with an average household income of $110,000 and 55,000 employees.
TRADE AREA: Shops, restaurants, residential areas, cultural and historic landmarks.
APPRAISAL: The real estate was appraised in February 2023 for $1,200,000, not including the assets and goodwill of the business.
PRICE: $1,600,000 for the assets of the business and the real estate.
FURTHER INFO: Additional information can be made available for qualified buyers upon signing a Non-Disclosure Agreement.
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,500
Listing Info
- ID
- 2111104
- Listing Views
- 2046
Attached DocumentsAttachment Disclaimer
Listing ID: 2111104 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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