Prime Location Beach Bar and Restaurant North Shore - Business for Sale
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Beachfront Restaurant and Bar in Essex County, MA
MA, US
Added 26 days ago
Restaurant and Bar
Restaurant and bar with full liquor and entertainment licenses located across from the beach in Essex County, MA, featuring indoor and outdoor seating and a 5,000 square foot facility.
Key Information
Asking
$295K
Revenue
$1.0M
Earnings
$169K
Multiple
1.8x
Key Highlights
- Lease term: 6 years with one ten-year option
- Base rent: $5,200/month (includes triple nets)
- Business size: 5,000 square feet
- Seating: 120 indoor seats plus 32 patio seats
- Full liquor and entertainment licenses
- Sales historically in the one million range with 50% alcohol sales
- Seller financing available with $100,000 down payment
Contact Info
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