NORTH SHORE SEACOAST RESTAURANT
SELLING PRICE: $495K DOWN PAYMENT: $100K
Real Estate maybe available at Fair Market Value after an independent appraisal
SALES VOLUME: $45K/wk.
LEASE:$6,300/mo. gross Years left: new cheap lease available
SQUARE FOOTAGE: Approx. 4,000 sf. W/ full basement
HOURS OF OPERATION: 7 days, 4-10 PM
SEATING: 150 inside
COMMENTS: Owner of multiple upscale restaurants realizes that he can’t manage them all so is selling off his smallest. Known for its excellent food and service over the last 20 years. All a new owner needs to do is pay attention to business. Strong repeat bar business and proximity to ocean are big pluses. Plenty of parking spaces with an adjacent lot available next door at night.
