Acton-Concord Full-Service Seafood Rest. & Bar W/Prepared Food

Acton, MA
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Asking Price:$699,000
Established Year:2013
Gross Revenue:$2,300,000
BUSINESS DESCRIPTION

TYPE OF BUSINESS: Full-Service Seafood Rest. & Bar W/Prepared Food
LOCATION: Concord-Acton Area, heavily traveled Great Road
SELLING PRICE: $699,000 DOWN PAYMENT: $200,000
SBA financing for an ALL CASH deal readily available.
SALES VOLUME: $45K/WK No Delivery
LEASE: $9,500.00 (inc. NNN) YRS. LEFT: 1.3yrs + 2-5yr options
SQUARE FOOTAGE: 4,800 sf.
HOURS OF OPERATION: 11:30 am-10 pm, 7 days
SEATING: (inside 65 seats) (outside 20 seats) (at bar 20) (funct. rm. 50)
COMMENTS: Highly profitable, beautifully decorated, well maintained full-service restaurant and bar NETS $300,000/yr. Located in a very affluent metro west bedroom community. Tremendous number of repeat customers for the last 10 years. Strong prepared foods to go.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Facilities
Three beautiful dining rooms with a very bright and vibrant bar aera, as well as a busy prepared foods market. Plenty of parking in a well-maintained retail shopping plaza and office park. Situated right on a very heavily travelled numbered route.
Competition
The only Restaurant of this type of food in the area.
Growth & Expansion
Add delivery and more social media
Financing
$200,000 Down with bal. at 6% for 5 yrs.
Support & Training
As needed
Reason for Selling
Retiring
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John
Ruggieri
NATIONAL RESTAURANT EXCHANGE
John Ruggieri