Turnkey Restaurant Available in Gloucester Downtown

This established American restaurant presents an exceptional opportunity for restaurateurs, entrepreneurs, or investors seeking a fully operational dining establishment in the heart of Gloucester, Massachusetts. Located in Essex County's vibrant downtown district, this turnkey operation offers immediate income potential with minimal startup requirements.

Business Overview:
The restaurant features a spacious 135-seat capacity across 3,715 square feet, combining a full-service dining area with a well-appointed bar. The establishment has been continuously operating for over one year, demonstrating market viability and customer acceptance in this prime coastal location.

Location Advantages:
Strategically positioned near popular attractions and local businesses, the restaurant benefits from consistent foot traffic throughout the year. The downtown Gloucester location attracts both tourists visiting the historic seaport and local residents, providing diverse revenue streams. A public parking lot directly across the street addresses customer convenience, a critical factor for restaurant success.

Operational Features:
- Fully renovated dining area and bar with modern amenities
- Complete commercial kitchen ready for immediate operation
- Updated signage and professional presentation
- Full liquor license with extended 1:00 AM closing hours
- Established customer base and operational systems in place

Financial Structure:
Asking price of $99,000 with partial owner financing available offering flexible terms to qualified buyers. Monthly lease obligation of $6,000 for the 3,715 square foot space provides reasonable occupancy costs relative to the downtown location and facility size.

Investment Highlights:
This turnkey opportunity eliminates the typical challenges of restaurant startups including licensing, renovation, equipment procurement, and initial market penetration. The established operation, prime location, and financing flexibility make this an attractive acquisition for experienced operators or investors seeking entry into Gloucester's hospitality market.

The combination of tourist traffic, local patronage, extended operating hours, and full bar service creates multiple revenue opportunities in one of Massachusetts' most popular coastal destinations.