Asking Price
$1,095,000
SDE
$246,231

Industry

American Restaurants, Other Restaurants and Food

Gross Revenue
Location

$1,712,853
Norfolk County, MA

Business Description

This bar & restaurant serves American fare, cocktails, wine, and a wide selection of craft beers. The menu offers classic American dishes such as burgers, sandwiches, and salads, but with a Mediterranean twist. As a family operated establishment, many of the dishes are based on recipes that have been in the family for generations.
The bar & restaurant boast an excellent location, great front of house staff, and neighborhood support. The restaurant always strives to provide the best food, in the most comfortable environment with attentive service.
The business is centrally located in a busy commerce area located across the street from a large apartment complex and within a short walking distance to the commuter rail into Boston.

Detailed Information
Internal ID
1821

Number of Employees
5 FT and 19 PT

Financing Notes
A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.

FF&E Included
Yes

Additional Information
Reason for Selling

Life style change

Support & Training

The seller will provide training and support to ensure a smooth transition

Growth & Expansion

• Expanding the number of days restaurant is open
The family made the decision to close for an average of 90 days a year for various holidays and vacation time. The new owner could limit these closings to increase sales volume.

•Implementing online ordering
Additionally, there is a lot of opportunity to grow using third party food service or online ordering. The management previously offered online ordering via its POS (Toast) and stopped doing this because they were at capacity with current staffing.

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Fast Growing Suburban Bar and Restaurant in Norfolk County
Asking Price
$1,095,000

SDE
$246,231

Industry

American Restaurants, Other Restaurants and Food

Gross Rev.
Location

$1,712,853
Norfolk County, MA

Business Description

This bar & restaurant serves American fare, cocktails, wine, and a wide selection of craft beers. The menu offers classic American dishes such as burgers, sandwiches, and salads, but with a Mediterranean twist. As a family operated establishment, many of the dishes are based on recipes that have been in the family for generations.
The bar & restaurant boast an excellent location, great front of house staff, and neighborhood support. The restaurant always strives to provide the best food, in the most comfortable environment with attentive service.
The business is centrally located in a busy commerce area located across the street from a large apartment complex and within a short walking distance to the commuter rail into Boston.

Detailed Information
Internal ID: 1821

Number of Employees: 5 FT and 19 PT

Financing Notes: A qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.

FF&E Included: Yes

Additional Information
Reason for Selling

Life style change

Support & Training

The seller will provide training and support to ensure a smooth transition

Growth & Expansion

• Expanding the number of days restaurant is open
The family made the decision to close for an average of 90 days a year for various holidays and vacation time. The new owner could limit these closings to increase sales volume.

•Implementing online ordering
Additionally, there is a lot of opportunity to grow using third party food service or online ordering. The management previously offered online ordering via its POS (Toast) and stopped doing this because they were at capacity with current staffing.



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