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Business for Sale Summary

High-End Restaurant - 27201

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,misc. servicel/non-classifiable,other business services,restaurant/ cafes
High-End Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $395,000 Down Payment $395,000
Gross Revenues $970,000 Lease Remaining Register Free to View
Owner’s Cash Flow $156,000 Number of FT Employees Register Free to View

Financing

$395,000 Down and

Business Description

Landmark restaurant for sale on the beautiful seacoast. This 120-seat restaurant, plus function room, is located in a bustling downtown area, on a popular street with heavy traffic. This town is a destination for multi-cultural dining and upscale shopping for tourists and locals, alike. Two floors of seating, with wonderful views overlooking the street. Restaurant has been in continual operation for many years. Currently serving ethnic cuisine, but new owner may choose a new theme or different concept. Restaurant has large kitchen and spacious bar. The town is one of the fastest growing in all of New England. This is a foodie destination, with many fine restaurants and boutique shops. This restaurant grosses an average of a million dollars a year, and owner's net cash flow is over $150,000 a year. Lease is $8,900/month. Long-term lease available. All furnishings and equipment included. Call today. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.