Restaurant, Nightclub w/RE (Restaurants; Logging)

Cape Cod, MA - Massachusetts, Barnstable

Seller Financing:
Lender Pre-Qualified:
Listing ID: 72448
Status: Active

Listing Details

Listed Price: $945,000
Down Payment:
Total Sales: $700,903
SDE: $118,593
EBIT:
EBITDA:
FFE: $92,125 Included? Yes
Real Estate: $895,000 Included? Yes
Inventory: Included?
A/R: Included?
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Contact Information
Coastal Business Brokers
Suite 330 700 Pleasant Street
New Bedford Massachusetts 02740
Office: (508) 990-9800
Fax: (508) 990-4288
Email: coastalbizbrokers@verizon.net
www.coastalbizbrokers.com
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Reason for Sale: Retiring to pursue other interests
Training: Two weeks or as needed for a smooth transition
Financing Terms:

Operations

Year Established:
Last Acquired:
Form of Ownership:
Home Based:
Relocatable:
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: 8 / Part Time: 24
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: Over 12,000 sq. ft. of spacious dining rooms, bar, lounge and upstairs rentals. Ample parking on large lot (over 1 acre).

Superior location makes this a rare opportunity.

Summary

Business Description: Award winning restaurant (350+ seats) complete with all liquor and entertainment licenses for late night business. Close to very busy shopping / dining, historic, commercial downtown district on Cape Cod, MA.

This restaurant is well supported by the locals and lodging industry.
Unique property for a prime multi use development.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: