South Shore Restaurant for Sale with Real Estate
Asking Price: | $2,200,000 |
Gross Revenue: | $2,100,000 |
LOCATION: Norfolk County, Massachusetts
SIZE: 7,500 sq. ft. restaurant with 140 parking spaces
SEATING: 270 seats
CONCEPT: Full-service American with quality ingredients and signature bar
LICENSES: Full liquor license
RATIO : 60% - 40% Food to Beverage
HOURS: Open for dinner 7 days a week with lunch on weekends
HISTORY: Popular neighborhood place under same ownership for 20 years. $500,000 renovation in 2015.
DEMOGRAPHICS: Within a 15-minute drive is a residential population of 172,000 with an average household income of $127,000 and 72,000 daytime employees.
SALES: $2,100,000 (2023), $2,000,000 (2022), $1,970,000 (2021)
PRICE: $2,200,000 for the business assets and real estate.
FURTHER INFO: Additional information can be made available for qualified buyers upon signing a Non-Disclosure
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