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Prime With Successful Restaurant And Bar For Sale

Gloucester, Massachusetts, US
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Located in booming historic downtown waterfront community with beautiful views of Cape Ann harbor. This busy restaurant offers excellent food, wonderful service and is loved by the locals – and a must visit for all tourists. Full bar and a warm ambiance serving freshest seafood and authentic Italian cuisine at reasonable prices. Attractive, turn-key, and lively vibe best describes this popular dining destination. This rare opportunity is hard to come by in the Gloucester market.

PARKING: Ample public parking
EQUIPMENT: The equipment is in good condition and has been well maintained
LEASE TERM:Seller/Owner will negotiate a new lease
BASE RENT: $5,000 per month plus NNN
CONCEPT: Seafood/Italian/American cuisine
SEATING: Capacity of 135 persons (17 seats at bar)
SIZE: 3,200 square feet
HOURS: Open from 11:00 AM – 10:00PM 7 days
LICENSES: Full Liquor License – value 130K
SALES: $1.1M in 2018

ASKING PRICE: $329,900 (For the assets of the Business including the liquor license)

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