Full Service Restaurants
Full Service Restaurants
TYPE OF BUSINESS: FORMER WELLNESS RETREAT
SELLING PRICE: Asking $11.7 Million
LOCATION: 2 min to Newport RI.
LISTING ID: DS4337 Click here for Listing Sheet
SALES VOLUME: Currently by reservation.
SQUARE FOOTAGE: 6000
LOT SIZE: 2 acres / Private Beach
HOURS OF OPERATION: N/A
REASON FOR SELLING: Building resorts in Jamaica!
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 $11Million 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
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.
SQUARE FOOTAGE: 3,000 sf.
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. This will not last, nothing like it around anywhere.
WILMINGTON- TEWKSBURY area~~CLOSED ITALIAN RESTAURANT with LIQUOR LICENSE
LEASE IS TOTALLY NEGOTIABLE WITH VERY SUCCESSFUL DEVELOPER WHO IS FOCUSED ON MAKING SURE YOU HAVE A SUCCESSFUL CONCEPT.
LISTING ID: JR9999 Click for listing Sheet.
PRIOR OPERATOR GENERATED SALES VOLUME OF OVER $1.4M/yr.
SQUARE FOOTAGE: 6,000 sf.
SEATING: 150 seats
COMMENTS: FORMER PANERA
RESTAURANT!! If you take this location you’ll benefit from a million dollar build-out. This site is perfect for a management group to expand your brand. An alternative to Italian is Mediterranean, Asian, or an Indian concept. Hundreds of new apts. in the area. There are no sports bars in the area. Located in a major shopping center with great visibility. Loaded with new equipment. A savvy operator will easily gross $3M+ per year.
Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net.
TYPE OF BUSINESS: FULL-SERVICE RESTAURANT & BAR
LOCATION: Concord-Acton Area, heavily traveled Great Road
SELLING PRICE: $699,000
LISTING ID: JR3452 Click for Listing Sheet
DOWN PAYMENT: $200,000
SBA financing for an ALL CASH deal readily available.
SALES VOLUME: 45K/WK. No Delivery
LEASE: $9,500.00 (Inc. NNN)
YRS. LEFT: 1.3yrs + 2-5yr options
SQUARE FOOTAGE: 4,800sf.
HOURS OF OPERATION: 11:30 am-10 pm, 7 days
SEATING: (inside65 seats) (outside20 seats) (at bar20) (funct.rm. 50)
COMMENTS: Highly profitable, beautifully decorated, well maintainedfull-service restaurant and bar NETS $300,000/yr. Located in a very affluent metro west bedroom community. Tremendous number of repeat customers for the last 10 years. Strong prepared foods to go.
Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net
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.
NORTH SHORE SEACOAST RESTAURANT & BAR
SELLING PRICE: $495K DOWN PAYMENT: $100K
Real Estate maybe available at Fair Market Value after an independent appraisal
LISTING ID: JR4477 Click for listing sheet
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.
Known for its excellent food and service over the last 20 years. Cozy brick and dark wood atmosphere with a fifteen-stool bar. On street parking with a parking lot available right next door every evening. Well maintained FF&E.
Competition:
In a heavily populated neighborhood, with many businesses and offices as well as a very successful entertainment facility with national acts year-round. There is some competition, different concepts but all thrive. Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net.
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: LOCAL SPORTS BAR WITH REAL ESTATE METHUAN AREA.
SELLING PRICE: $325,000 W $125,000 Dn.. for the business.
$1.475,000 for the package including the Real Estate
SALES VOLUME: $18-$20K Wk.
LEASE: $5K gross…10 year new lease available
SQUARE FOOTAGE: approximately 2500 sf.
HOURS OF OPERATION: 6 days; mostly Rare 2AM license
SEATING: 134 seats inside. 40+ seats outside on new patio
REASON FOR SELLING: Owner has other businesses to run. Has been here for a while and made a lot of money.
COMMENTS: This is another classic local watering hole…80% daily regulars. 25-seat rectangular bar, pool table and live music on the weekends.
MUST HAVE EXTENSIVE LIQUOR EXPERIENCE TO AQUIRE A LIQUOR LICENSE IN MASS. OR AT LEAST A PARTNER WHO HAS THE REQUIRED EXPERIENCE.
Big, beautiful New patio for summer nights. Located in a large shopping center on a very busy road. 5 business offices included upstairs for rental income. Adjacent closed restaurant space is available for an expansion of the kitchen or dining area/ (same owner.) Keep the existing bar business or modify for more dining. Rare 2 AM liquor license. Recently appraised $1.5 mil. 2 year option on the Real Estate at Fair Market Value if you buy just the business…..in 2026. Must have experience to obtain the owner financing. Must fill out NDA to receive any info on the business location, sales figures or real estate. Call 978-715-5405 to meet the owner and do a walk through.
MEDFIELD AREA~SPORTS BAR
SELLING PRICE: $325,000.00
LISTING ID: JR3499 Click for Listing Sheet
SALES VOLUME: $28K - $32K/wk.
LEASE: $7,500/mo. includes NNN
YEARS LEFT: :2 1/2+ 2/5yr. options
SQUARE FOOTAGE: 6,200 sf.
HOURS OF OPERATION: 7 days M-T 4-10 Th-S 12-1 Su 12-9
SEATING: 300 inside
Estimated Annual Net Profit: Not Disclosed
REASON FOR SELLING: Moving on to another project.
COMMENTS:THE ULTIMATE SPORTS BAR. The open floor plan and bar area is surrounded by huge TV's on all of the walls with a state-of-the-art sound system.
The bar features over 30 draft beers that are kept cold in the biggest draft beer cooler you may ever see. The menu covers the gamut from wood fired pizza to seafood and more. Rent is $7500 inc. NNN for the expansive6,200 sf, which includes a 30-seat meeting room that is perfect for Fantasy sports leagues to have meetings in. Long term lease and a motivated seller.
Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net
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 1-617-721-9655 to discover the difference that is The National Restaurant Exchange.