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Famous Restaurant /Pizza In Brewster/harwich For Sale

Brewster/Harwich, Massachusetts, US
Asking Price:
$199,000,000
Sales Revenue:
$1,400,000
Cash Flow:
$150,000

Harwich-Brewster-Chatham area~~ Famous Restaurant & Pizza Pub w/large real estate stock photos.

Selling Price: business and the large parcel of real estate for $1.99 million, as determined recently by an independent appraisal. Biggest parking lot in the area.
SALES VOLUME: Averaging $18K–$20K/week off-season; strong online ordering and pick-up.
SQUARE FOOTAGE: Bldg. is 3,064 sf., lot is approximately ¾ acre.
SEATING: 97 inside 54 on a large patio... waiting lines in the summer for their pizza and beer.

Comments: A very rare opportunity to buy into such an affluent business community... Businesses, especially with real estate, just don’t become available.

Full-liquor licenses are in high demand. Town sewerage is a distinct advantage. Entertainment is underutilized. This family operation is ready to grow with professional management.

This is the first time that this property has been available for 25 years. Illness motivates.
SBA financing is readily available to buy the whole package at a better price.


Property Information

Real Estate:

Real Property Included

Location:

Very affluent Mid-Cape town on a major route with plenty of Parking

Premises Details:

HARWICH-BREWSTER –CHATHAM area~~ FAMOUS Restaurant & Pizza Pub w/large REAL ESTATE

SELLING PRICE: Business and the large parcel of real estate for $1.7M as determined RECENTLY by an independent appraisal. Biggest parking lot in the area.
SALES VOLUME: Averaging $18K-$20K/wk. off season Strong online ordering & pick up
SQUARE FOOTAGE: Bldg. is 3,064 sf., lot is approximately ¾ acre
SEATING: 97 inside 54 on large patio…waiting lines in the Summer for their pizza & beer.
COMMENTS: VERY rare opportunity to buy into such an affluent business community…businesses, especially with real estate, just don’t become available. Full liquor licenses are in high demand. Town sewerage is a distinct advantage. Entertainment is under utilized. This family operation is ready to grow with professional management.
This is the first time that this property has been available for 25 years. Illness motivates.
SBA financing is readily available to buy the whole package at a better price.

Business Operation

Expansion Potential:

Delivery, entertainment, advertising.

Competition / Market:

t's easy to maximize sales during the summer, but a seasoned operator will easily see how to maximize sales off season.

Reasons for selling:

Partnership break-up.

Trading hours:

6 days; 11 AM – varying closing hrs.

Other Information

Support & training:

This business is not for a first-time buyer. A seasoned operator will be able to double their sales.

Financing available:

To be negotiated...but buyers must be financially bankable & credit-worthy.

Related Documents:
Relocatable:
This business can be relocated.