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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Premiere Restaurant

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1400000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  35 - 49
Relocatable  No
Number of Employees  35 - 49
Real Estate  Leased
Training  Exsisting staff has the business specific knowledge
Reason for Sale  Owners are relocating
Description  This is one of the premiere restaurants in excellent condition and adjacent to very affluent neighborhoods and next to a major entertainment venue. The restaurant is open form April 15 to November 15, leaving the owner 5 months to relax. The floor plan is such that you could operate it as 2 separate restaurants since there are 2 separate kitchens and separate entrances There is a $50,000 full wine cellar available for separate purchase as well. Staff is very loyal and average tenure is 8 years. It is fully sprinkled and all equipment is owned; the layout includes 2 dining rooms, a graden room and a bar seating 12 with seating for 20 at tables. Additional opportunities include opening up a patio area. Type of Location: Free standing brick building with full basement and attic storage; Concept: Eclectic, new American, fine dining serving L/D ;Licenses: Common Victuals, full seasonal liquor license, 7 days til 11am-1 am; Seating: 230; Parking:80 with valet parking ; Lottery; No. This is must see turn key operation for the serious restaurateur!
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