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Successful Restaurant And Bar In Essex County For Sale

Essex County, Massachusetts, US
Freehold Price:
$2,720,000 (USD)
Lease Asking Price:
$670,000 (USD)
Sales Revenue:
$2,400,000 (USD)
Cash Flow:
Available on request

Well established with a strong repeat customer clientele, this property is unique with modern touches in a rustic setting in a very desirable town in Essex county. This busy restaurant with multiple revenue centers features two separate function rooms to accommodate all your special events to include but not limited to, banquets, baby and bridal showers, business meetings and weddings. Offering a sophisticated, yet classic, menu in comfortable, unique and graceful spaces. Full bar and a warm ambiance serving the finest steaks, freshest seafood along with many quality daily specials at reasonable prices in sophisticated digs.
PARKING: Huge private parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM: The building and real estate are available for sale, otherwise a lease will be
negotiated
BASE RENT: N/A
CONCEPT: American cuisine
SEATING: 111 persons on first floor, 2 function rooms for 40 and 60 persons respectively
SIZE: 9,489 square feet in dining area including 2 function rooms
HOURS: Open from 11:30 AM – close (12.00AM) 6 days, closed Monday
LICENSES: Full Liquor License
ASKING PRICE: $670,000.00 (For the assets of the Business). Building, Real Estate plus a free-standing building on the property with 3 rental units, available for purchase at $2,720,000. Real Estate only available for $2,050,000.

Property Information

Real Estate:

Available as lease or with real property included

Other Information

Lease asking price:
$670,000 (USD)

Contact Corbett Restaurant Group

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