Full Service Restaurants
Full Service Restaurants
TYPE OF BUSINESS: FORMER WELLNESS RETREAT
SELLING PRICE: Asking $12.7 Million
LOCATION: 5 min to Newport RI.
LISTING ID: DS4337 Click here for Listing Sheet
SALES VOLUME: Currently by reservation.
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SQUARE FOOTAGE: 6000
LOT SIZE: 2 acres / Private Beach / with Ancient Caves.
HOURS OF OPERATION: N/A
REASON FOR SELLING: Building resorts in Jamaica!
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COMMENTS: A commanding waterfront estate with a mooring and direct access to a secluded 700’ cove with sandy beach, crystal clean water, and ancient caves and minerals.
Jay Leno and Taylor Swift have recently bought in the area.
Sitting on just under 2 acres of land on highly sought-after area, this shingle-style seaside retreat offers the best in resort living. A pool and hot tub with panoramic water views, full gym, cinema, and rock sauna. 9 Suites 8 Bathrooms!
Wake up to stunning sunrises while falling asleep to the moonlit ocean and sounds of the surf. Enjoy ocean breezes, alternating hues of color, and far-reaching 180* views from one of the properties spacious decks. An expansive lawn leads to a private path to the enchanting cove and beach. The perfect place to unwind, sunbathe, paddle board, swim, kayak, and snorkel. Minutes to downtown Newport and just over an hour from Boston. Recent bank appraisal $12 Million dollars.
The owner had previously set this estate up as a wellness /rejuvenation resort, although it could be used as any type medical practice, Plastic Surgery , Live in Dental Practice etc. As it sites right now it's being used as a Celebrity Residence. Year built1967. The home was actually built by a dentist back in the day!
Suites (bedrooms) 9, Bathrooms 8, Full Baths 6, ½ Baths 2, Postal Code 02871, County Newport!
You won't be disappointed when you see this slice of heaven!
Call Dennis @ 617-721-9655 for a tour of this estate, or Email to dserpone@comcast.net
HARWICH-BREWSTER – CHATHAM area~~ FAMOUS Restaurant & Pizza Pub w/large REAL ESTATE
LISTING ID: JR5590 Click for listing sheet
SELLING PRICE: Business and the large parcel of real estate for $1.9.9M 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.
Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net
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Family Restaurant w/ Liquor & Real Estate
LOCATION: Greater Wrentham/* Plainville Area
LISTING ID: BC7761 Click for listing sheet
TYPE OF BUSINESS: Popular Family Restaurant w/extensive burgers & comfort food.
SELLING PRICE: $450K
DOWN PAYMENT: 200K- Owner financing available.
SALES VOLUME: $25-$27k wk.,
DELIVERY: 40%
LEASE: $6,000 mt. option on Real estate @ Fair market value by an independent appraiser. (owner open to providing mortgage for qualified buyer) Nets 175k.
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SQUARE FOOTAGE: 3,000 sf.
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HOURS OF OPERATION: 7 days. 11.30am -9pm
SEATING: 74 inside (includes sit down bar)
REASON FOR SELLING: Family first commitments.
COMMENTS: America’s favorite meal, “the Burger” is here in all its glory. Here you can create your own concoction of a burger as well as taste the fabulous variety of burgers, hot dogs, salads, over the top incredible shakes, it has it all. This is a family restaurant in the true sense of the word. For the past 9 years, this has been the Burger place to be. Turnkey, free standing, high visibility with lots of parking, very busy state road. The owner has opened for weekend breakfast prior and increased their sales by $16k to $18k a month, a great option. This family restaurant has an absentee owner, on premise owner will surely enhance sales and profitability. From the Burger selection to the fried chicken and all your childhood favorites, this is the place to call your own. Perfect for a family, chef-owner, it’s all here. Contact Bob @ 781-820-9288 or Bobcioffi14@gmail.com.
WORCESTER ~ POPULAR ITALIAN RESTAURANT
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LISTING ID: Click here for Listing Sheet
SELLING PRICE: $295K
DOWN PAYMENT: $100,000
SALES VOLUME: $37K/wk.
consistently
LEASE: $6,500/mo. (includes NNN)
Years left: 3 yrs.+ 5+ 5
SQUARE FOOTAGE: 6,000 sf. (huge kitchen with excellent equipment)…SPRINKLED
HOURS OF OPERATION: 7 days, 11 – 9 pm (great staff will stay on)
SEATING: 175 inside 50 outside patio
REASON FOR SELLING: retiring
COMMENTS: ‘BYOB’… full liquor license is available. Customers come from EVERYWHERE for their ‘tripe’ and stuffed ‘everything’. No competition in the area. Located on a very busy main road near MASS PIKE exit makes it easy to get to.
If you have the experience and the money, I guarantee that when you see this gem…
UNDER AGREEMENT
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MIDDLESEX COUNTY area~ RESTAURANT & BAR
LISTING ID: JR2222 Click for Listing Sheet
SELLING PRICE: $295,000
DOWN PAYMENT: $150,000
SALES VOLUME: $28,000/wk. ($1.2 M in 2023)
Delivery: 20%
LEASE: $4,900/mo. (NNN Inc.) YRS. LEFT: 7 yrs.
SQUARE FOOTAGE: 2,000 sf
HOURS OF OPERATION: Most days 12-10 PM, 7 Days
SEATING: (inside) 100 (outside)75
COMMENTS: A true turn key pub-style restaurant in an affluent Middlesex bedroom community. Very comfortable interior décor with lots of art work and local memorabilia. Largest outside patio Plenty of on and off-street parking. Just add catering and party platters and the sky is the limit. If you’re a chef or talented cook prepared to work to hit that $200,000 income level, this is the place. Non-Disclosure Agreement required. Present owner wants to retire. Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net.
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SALEM~NASHUA area~~UPSCALE ‘TAPAS’ RESTAURANT& BAR, FUNCTIONS
LISTING ID: JP1222 Click for Listing Sheet
SELLING PRICE: $700K
DOWN PAYMENT: ONLY $150K dn
SALES VOLUME: $15K - $20K/wk.
LEASE: $10K/mo. gross Years left: 1 YR + 3 five yr. options
SQUARE FOOTAGE: 5,100 sf.
HOURS OF OPERATION: 5 days; mostly 4 pm – 10 pm, Sun: 3 pm – 8 pm
SEATING: 136 inside & outside (24 seats at inside bar, 12 seats at the outside bar)
REASON FOR SELLING: Significant family health issues.
COMMENTS: Food cost: 25%, labor: 17%-22%...30 craft beer taps, 10,000 followers on Facebook and $250,000 in catering contracts make this an excellent opportunity for a seasoned operator. Live entertainment most nights. Huge parking lot on a major road; town sewerage. Over 1,000 new hi-end apts. close by. Over a million was spent on the build-out…mostly in the kitchen.
THE BUSINESS NEEDS A CONCEPT ADJUSTMENT.
Wait till you see this place. This is the DEAL OF THE CENTURY for an experienced operator.
Call Dennis at 617-721-9655 or dserpone@comcast.net
TYPE OF BUSINESS: Italian Restaurant with extensive Real Estate available
SELLING PRICE: $395K with 50% down. SBA financing available with 10% dn on the real estate
LISTING ID: TM5522 Click for Listing Sheet
SALES VOLUME: $25K/wk. nights only (opened March, 2024)
LEASE: $8K/mo. (includes all NNN)…3 yr. option to buy real estate.
SQUARE FOOTAGE: 4,400 sf. footprint of bldg.; lot is 1 acre+. LOADS of parking.
SEATING: 135 seats (18 stools at bar)
COMMENTS: frontage on two busy numbered routes. Town sewerage. Additional ‘adjacent home’($500K) and office bldg. also available ($800K). Restaurant was totally renovated 9 months ago with all new equipment. One mile to Rte. 3 exit.
RARE OPPORTUNITY TO BUY FABULOUS RESTAURANT AND REAL ESTATE.
Call Dennis at 617-721-9655 or email: dserpone@comcast.net.
SUPPER CAPE - BUZZARDS BAY area~~POPULAR SPORTS BAR
LISTING ID: DS1232 Click for Listing Sheet
SELLING PRICE: $600K
DOWN PAYMENT: ONLY $150K dn /$550Kcash
SALES VOLUME: $25K wk.
LEASE: $5K/mo.
SQUARE FOOTAGE: 2,500 sf. Inside and 5,000 SF. outside bar and dance area,
HOURS OF OPERATION: 5 days; mostly 4 pm – 10 pm, Sun: 3 pm – 8 pm
SEATING: 99 inside 99 outside
COMMENTS: Long beautiful bar inside and large patio outside. Simple menu and kitchen. This is a real waterhole with a large loyal following. Perfecy for two operating partners with heavy sports bar experience. An option on the real estate may be available. Strong Lottery and Keno.
Call Dennis at 617-721-9655 or dserpone@comcast.net
WORCESTER/SHREWSBURY Area Restaurant & Sports Pub W/Full Liquor
LISTING ID: JR4021 Click for Listing Sheet
SELLING PRICE: $150,000 / $4.5 M w/Property
DOWN PAYMENT: $50,000
Downtown location, right off highway…flat ½ acre for apt. development…$4.5 M
Currently Closed…owner retired…loaded with all the equipment to open up as a restaurant or sports bar.
LEASE: New Lease available with an option on the real estate.
SQUARE FOOTAGE: 3,500sf plus full dry basement
SEATING: (inside) 97..additional seating on sidewalk
REASON FOR SELLING: Retiring
COMMENTS: Long-standing neighborhood Pub. Located on a very heavily travelled street downtown, adjacent to a couple of major highways. Everything is in place and ready to go, just bring your staff. Parking for 100 cars, on a corner lot with plenty of visibility. The property is available as well. Ready for a major development or just run it as it is with several other retail spaces and offices on the upper levels.
Contact John at 781-858-2343 or jkruggie@comcast.net.
UNDER AGREEMENT
TYPE OF BUSINESS: Mexican Family Style Restaurant
LOCATION: Salisbury/Amesbury
LISTING ID: JR7787 Click for Listing Sheet
SELLING PRICE: $125,000
DOWN PAYMENT: $50,000
SALES VOLUME: $28K/wk. %Delivery: no
LEASE: New Lease
SQUARE FOOTAGE: 3,000 sf.
HOURS OF OPERATION: 11am – 10 pm, 7 Days
SEATING: (inside) 96 (outside)20
REASON FOR SELLING: Running two operations, time to slow down
COMMENTS: This gem in a very well-kept strip mall with a major supermarket as it’s anchor. On a very heavily travelled numbered route that intersects with a major interstate. The concept is Mexican with no competition around for miles, but with very little effort it can be almost anything. Great bar that seats 15 with plenty of TV’s visible from all over. Needs to have delivery added and promote home party platters and the sky is the limit. Absentee owners draw $100K per year.
Contact John at 781-858-2343 or jkruggie@comcast.net.
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TYPE OF BUSINESS: EXCEPTIONALLY RARE OPPORTUNITY TO BUY A MAJOR FUNCTION FACILITY, WITH A RESTAURANT & LOUNGEAND THE REAL ESTATE
LISTING ID: DS9999 Click for Listing Sheet
LOCATION: Merrimack Valley…long highway frontage…4 acres with town sewerage
ASKING PRICE: $9M for the business w/net income over $2 MILLION/yr.
The real estate was recently appraised for $4.5M. SBA and some seller financing is available for a seasoned operator who is creditworthy.
SALES VOLUME IS CONSISTENTLY WELL OVER $3 MILLION PER YEAR
Net Profit is approximately $2M/yr. (seller pays himself $500,000/yr. for rent!)
Buy the package for approximately $9M for business and real estate.
SQUARE FOOTAGE: of the Bldg.: 18,000sf. on over 4 acres of land with over 300 parking spaces. The 18,000-sf.bldg is totally sprinkled with town water.
SEATING: (inside about 600 seats) (outside 500 - 800 seats)
REASON FOR SELLING: Time to retire.
COMMENTS: If you’re in the restaurant/function business and feel it’s time to expand to another level, this is the place. Pristine property, huge reputation, and incredibly loyal repeat customers. Strong, experienced staff will stay. See it…make an offer.
There’s a huge pent-up demand for function, entertainment, and dining. This place has it all!
Call Dennis at (617)721-9655 or email: dserpone@comcast.net to see this ‘machine’.
(Stock images…you’ll be blown away when you actually tour the facility)
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 Nerb@comcast.net or call us at 617-721-9655 to discover the difference that is The National Restaurant Exchange.