Neighborhood Free Standing Bar & Grill w/ adjacent 2 unit rental

Norfolk County, MA

Seller Financing Available

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Asking Price:$1,300,000
Gross Revenue:$650,000
BUSINESS DESCRIPTION

Unique opportunity to acquire a free-standing restaurant with adjacent two-family home. This neighborhood gem has been operating for over 20 years with the same owner and many of the original staff. The owners are ready to retire and pass the business on to the next generation of entrepreneurs. The business includes two pieces of real estate.

Property #1 Restaurant
1,897 SF plus full basement (949 SF)
The restaurant has fire suppression/sprinkler system.
Seating:112
Hours: Open 6 nights only
License: All Alcohol
Parking: 25 + Street parking

Property #2
Two Family Home: 1,412 Sq. Ft. 2 bed/2 bath
Muni water/sewer


DETAILED INFORMATION
Location
Norfolk County, MA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
14
Facilities
1,897 SF plus full basement (949 SF) 112 seats Fire suppression Parking for 25 cars in private lot
Competition
No immediate competition in neighborhood
Growth & Expansion
Re-development / scale hours
Financing
Negotiable
Support & Training
Negotiable
Reason for Selling
retirement
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Paul
Turano
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Paul Turano