Famous South Shore Italian Restaurant – With Real Estate

This long-standing Italian Family Style Restaurant is for sale — building/ business and property. Located in the heart of the South Shore’s largest towns, which abuts a community/town who has been recognized by the Department of Revenue as the highest family income in the Commonwealth of Massachusetts. This property has housed a restaurant dating back to 1920– has been updated and renovated over the years. Having been operated by this family for 4 generations makes it an institution in the community for many reasons. Everyone knows this restaurant as it is truly the fabric of this community. If ever there was another establishment with a “Cheers Bar” experience where “everyone knows your name” it’s here. What this restaurant needs is your expertise— new ideas, continued support of the community, and a good heart. Also, the property includes a building next to the restaurant. The property also has opportunities for further development as a train station is just down the street. Call for a showing as this opportunity won’t last!

  • Location: South Shore
  • State: Massachusetts
  • County: Norfolk
  • Parking: 60 parking spots in dedicated lot plus street parking
  • Condition: GOOD
  • Lease Terms: Real Estate is included with the sale
  • Rent: Real Estate is included with the sale
  • Size: 8110 sf and adjoining building is 3,069 sf. The property is 24,500 square feet.
  • Hours: Open daily – early opening on Sat & Sun
  • Licenses: Full Liquor License
  • Sales: Over $2MM per year
  • Cash Flow: $240,000
  • Asking Price: $2,200,000 (For the Business + RE)
  • Concept: Italian Restaurant
  • Seating: Capacity for 181

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For more information please contact Todd Smith at (617) 948-3394.

Bar & Burger with Real Estate - Somerville

This is a great opportunity to purchase a Bar & Burger joint with Real Estate.  This site has a history of success along and is primed for Real Estate development.  This restaurant site has many years of success and is located in a densely populated part of Somerville.  With a full liquor license and weekly sales of $30,000 per week this site is a great conversion opportunity for several different concepts! (The name is not included in the sale.)  This is a developable lot that can go up several stories and it is a very bankable deal.

  • Location: Somerville
  • State: Massachusetts
  • County: Middlesex
  • Parking: Street Parking Available
  • Condition: VERY_GOOD
  • Lease Terms: New long-term lease
  • Rent: $4,500 NNN
  • Size: 2,601 square feet total
  • Hours: Open daily 11a-11p
  • Licenses: Full Liquor License (1:00 am)
  • Sales: $1,501,792 per year
  • Cash Flow:
  • Asking Price: $1,550,000 (For the Business & Real Estate – the name is not included)
  • Concept: Bar & Burger Joint
  • Seating: 67 seats

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For more information please contact Todd Smith at (617) 948-3394.

Prime Italian Restaurant with Real Estate - South Shore

A prime South Shore freestanding restaurant opportunity seeks an industry professional to carry the tradition of a great dining experience. This restaurant has been in operation for over 30+ years by the same committed family. It is one of the finest AAA locations on the South Shore as it abuts 3 hotels (no dining rooms) who feature up to 400 rooms, and is a close neighbor to 4 brand new car dealerships. The demographics are strong due to a dense industrial/ residential community. It’s just a few minutes from Rte 3. Its design and layout are well done featuring dining areas- function opportunities and a large bar/ lounge area. A second bar is located in the dining area. Historic sales have been in the 3.5 to 4.75 m range. With your expertise you could get sales to 6-7m+. Imagine having an opportunity to net 1 m a year after your concept is seasoned! This is a one in a lifetime opportunity. Call for immediate showing.

  • Location: South Shore
  • State: Massachusetts
  • County: Plymouth
  • Parking: Large parking lot with 166 spaces
  • Condition: VERY_GOOD
  • Lease Terms: Real Estate is included in the sale
  • Rent: Real Estate is included in the sale
  • Size: 8,582 square feet
  • Hours: Open daily
  • Licenses: Full Liquor, Entertainment & Lottery Licenses
  • Sales: $3,500,000 per year
  • Cash Flow: $325,000
  • Asking Price: $2,950,000 (For the Business & Real Estate)
  • Concept: Italian Restaurant with Functions
  • Seating: Capacity of 250

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For more information please contact Todd Smith at (617) 948-3394.

Premiere 40 Acre Wedding Function and Restaurant Facility

Stunning views with endless possibilities for this landmark 16,000 square foot facility with 40 plus acres of soil rich farm land. Perfect opportunity for a seasoned operator to continue and grow the Wedding and Function side of the business, or a strategic buyer looking to expand their brand into this exciting location close to major highways! The space is easily adaptable to a number of concepts.  A brewery would kill it here! This is a rare opportunity and words cannot describe the beauty or the unlimited potential. The longtime owners are reasonable and want a quick sale. They respectfully request the property is shown only to qualified buyers with proof of funds. Call today for a confidential showing.

 

  • Location: Worcester County
  • State: Massachusetts
  • County: Worcester
  • Parking: Plenty of Private Parking
  • Condition: EXCELLENT
  • Lease Terms: (Real Estate included in sale)
  • Rent: (Real Estate included in sale)
  • Size: 16,000 SF
  • Hours: Open for Functions
  • Licenses: Full Liquor Full Entertainment
  • Sales: $1,000,000 per year
  • Cash Flow:
  • Asking Price: $4,500,000 (For the Business and the Real Estate)
  • Concept: Farm and Function Facility
  • Seating: 500 seats

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For more information please contact Todd Smith at (617) 948-3394.

Restaurant with R.E. and Rental Income - Booming Boston Neighborhood

Restaurant with Real Estate and residential rental Income in booming Boston neighborhood.  This is a prime location with the potential to add more residential units.  The site is located right next to Wholefoods and has strong demographics.  The restaurant could be converted to suit many concepts.

FACILITY:                Free-Standing Building with a Restaurant & 3 Residential 2-bedroom units

RENTAL INCOME:  Residential Income $6,000 per month (substantially below market rents) Plus the restaurant rent

 

  • Location: Boston
  • State: Massachusetts
  • County: Suffolk
  • Parking: Street Parking
  • Condition: VERY_GOOD
  • Lease Terms: If not purchased there would be a new 5 year lease
  • Rent: If not purchased the rent would be $5,000 NNN
  • Size: Lot Size: 4,013 sq. fit. – Living Area: 3,150 sq. ft. – Gross Tax: $9,470
  • Hours: Open Breakfast & Lunch 6 days a week
  • Licenses: C.V.
  • Sales: $250,000 per year
  • Cash Flow:
  • Asking Price: $125,000 (For the Business) $2,300,000 (For Business + RE)
  • Concept: Breakfast & Lunch Restaurant
  • Seating: 78 restaurant seats

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For more information please contact Todd Smith at (617) 948-3394.

The Great Escape - Business + RE

If you’re tired of city living— fighting traffic to get to your place of business— general Boston congestion— excessive cost of living— then your great escape is here! Imagine relocating to a community that exudes charm and fresh air country living. It’s time for you to own and operate a highly successful restaurant on your own property. You have found your dream here.

This free-standing restaurant is located in the heart of a vibrant community that offers so many amenities. For 14 years the current owners have successfully operated a bistro concept and made a mark in this community that you would be proud to continue and even improve upon. The restaurant offers ample seating with outside dining — its cozy setting offers a true sense of warmth. For example: the bar top is hand cut natural American chestnut. And the list goes on! Plenty of parking adds to guest convenience. Upstairs offers 2/3 apartments, one of which could be an owner’s residence. They are successfully being used currently as Airbnb’s. Tremendous financial opportunity. The current owners are set to retire. He is the chef and his wife takes care of the business: a great team. New ideas and vigor will take this property to a greater level as the town is set for two huge new developments. The price/value relationship is incredible. At this offered price we expect it to gather a lot of interest. Don’t wait — please contact us for more information.

  • Location: Western Massachusetts
  • State: Massachusetts
  • County: Berkshire
  • Parking: Plenty of dedicated parking
  • Condition: VERY_GOOD
  • Lease Terms: Real Estate is Included in the sale
  • Rent: Real Estate is Included in the sale
  • Size: 6300 square ft includes 3 apartments
  • Hours: Open 6 days a week in-season, 5-off season for dinner with luncheon hours available
  • Licenses: Full AA
  • Sales: $1MM with much room to grow!
  • Cash Flow: $295k including apartment rentals
  • Asking Price: $795,000 (For the Business and Real Estate)
  • Concept: Unique Bistro
  • Seating: 75 plus 30 for patio dining; great layout for many opportunities

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For more information please contact Todd Smith at (617) 948-3394.

Prime/Successful Restaurant & Bar – Essex County

Well established with a strong repeat customer clientele, this property is unique with modern touches in a rustic setting in a very desirable town in Essex county. This busy restaurant with multiple revenue centers features two separate function rooms to accommodate all your special events to include but not limited to, banquets, baby and bridal showers, business meetings and weddings. Offering a sophisticated, yet classic, menu in comfortable, unique and graceful spaces. Full bar and a warm ambiance serving the finest steaks, freshest seafood along with many quality daily specials at reasonable prices in sophisticated digs. 

  • Location: Essex County
  • State: Massachusetts
  • County: Essex
  • Parking: Huge private parking lot
  • Condition: VERY_GOOD
  • Lease Terms: The building and real estate are available for sale, otherwise a lease will be negotiated
  • Rent: N/A
  • Size: 9,489 square feet in dining area including 2 function rooms
  • Hours: Open from 11:30 AM – close (12.00AM) 6 days, closed Monday
  • Licenses: Full Liquor License
  • Sales: $2,400,000 per year
  • Cash Flow:
  • Asking Price: $670,000.00 (For the assets of the Business). Building, Real Estate plus a free-standing building on the property with 3 rental units, available for purchase at $2,720,000. Real Estate only is available for $2,050,000.
  • Concept: American cuisine
  • Seating: 111 persons on first floor, 2 function rooms for 40 and 60 persons respectively

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For more information please contact Todd Smith at (617) 948-3394.

Restaurant & Bar with Real Estate

Great opportunity to purchase a Commercial Building with a Bar and a Restaurant in the center of downtown Lynn. The current building is 67% occupied and has a Net Operating Income of $84,000 per year. There is considerable upside available if the building is fully leased out. There is a 4,000 square foot Bar and a 1,000 square foot fast casual restaurant on the 1st floor. The current tenant is a tenant at will, the Buyer could walk into two fully equipped and operating businesses for free. 
  • Location: Lynn
  • State: Massachusetts
  • County: Essex
  • Parking: On-street & Public Lots
  • Condition: FAIR
  • Lease Terms: Call/Email for details
  • Rent: Call/Email for details
  • Size: 14,936 square feet
  • Hours: TBD
  • Licenses: Full liquor & enterainment
  • Sales: Call/Email for details
  • Cash Flow:
  • Asking Price: $900,000 (For the Real Estate & Business Assets)
  • Concept: Commercial Building
  • Seating: 175 seats

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For more information please contact Todd Smith at (617) 948-3394.

Beautiful South Shore Restaurant with Property

You've heard the term before, now let the dream come true!! This gem awaits your talent and inspiration. A beautiful turn key free-standing restaurant was recently built out. This incredible opportunity includes a cozy bar. All you need is the current, well-trained staff to execute your vision. Located in an affluent "tony" community on a numbered highway with a very high traffic count; the area is densely populated with continued growth; new development less than a mile away has recently added over 700 residential units! Sales approach 1M with room to grow!! Why rent when you can own it for less? Let us show you how!! This opportunity won't last.

  • Location: South Shore
  • State: Massachusetts
  • County: Plymouth
  • Parking: Ample dedicated parking
  • Condition: EXCELLENT
  • Lease Terms: RE is included with the sale
  • Rent: RE is included with the sale
  • Size: 1,400 sq. ft. kitchen & dining plus 1,700 sq. ft. storage & office space
  • Hours: Open for dinner M-F & all-day Saturday and Sunday
  • Licenses: Full Liquor License & Entertainment License
  • Sales: Historical sales of $991,000 (36% Liquor)
  • Cash Flow: $210,000 per year
  • Asking Price: $749,000 (For the Business & Real Estate)
  • Concept: Fine Casual American
  • Seating: Seats 55

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For more information please contact Todd Smith at (617) 948-3394.

Profitable Restaurant with Real Estate

Tremendous opportunity to buy a business and real estate. Profitable restaurant grossing $1.5 MM per year.  Full liquor license, outdoor seating, great function spaces, completely equipped kitchen offering multiple revenue streams. Building in good condition and has rental income from two 2 bedroom residential apartments. Great chance to own a profitable business and build equity! This is a very bankable deal!!

FACILITY:                            Freestanding building with 2 residential apartments (for employees- no kitchens)

REAL ESTATE VALUE:       The real estate is valued at $1,150,000

RENT INCOME:                  Two 2-bedroom apartments generate $800 and $1,250 per month (currently way below market)

  • Location: Plymouth County
  • State: Massachusetts
  • County: Plymouth
  • Parking: Dedicated Parking Lot with 90 spots
  • Condition: VERY_GOOD
  • Lease Terms: Real Estate Included in the Sale
  • Rent:
  • Size: 7,200 s/f -1.4 acres total land
  • Hours: Open Tuesday through Sunday
  • Licenses: Full Liquor License
  • Sales: $1,426,000 per year
  • Cash Flow: $250,000 per year
  • Asking Price: $1,550,000 For the Business & Real Estate – Bank financing available
  • Concept: Homestyle American Restaurant
  • Seating: Seats 174 inside, 40 outside

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For more information please contact Todd Smith at (617) 948-3394.

Choices Restaurant in Killington VT with Real Estate

Established in 1986, Choices is an upscale casual after-ski stop for eclectic comfort fare offering a large selection of pasta, seafood and rotisserie meats. Known as a culinary rock in Killington, Choices is a locally favored spot for consistently good unpretentious fare. Beautifully appointed bar area with custom made cherry wood along with a custom-made wine cooler. The restaurant is located two miles from the Resort along a single access road. Well known as the largest ski area in the East, Killington seeks to expand its four-season activities including mountain biking, golf, outdoor adventure center and both Classical and Rock music festivals. This turn-key facility is an emerging dining destination!! Seller financing available to qualified buyers.

  • Location: Killington, VT
  • State: Vermont
  • County: Rutland
  • Parking: Huge parking lot
  • Condition: VERY_GOOD
  • Lease Terms: The seller owns the condo/real estate
  • Rent: N/A
  • Size: 3,900 square feet
  • Hours: Seasonal: Open from 5:00 PM – 10:00 PM
  • Licenses: Full Liquor
  • Sales: $675,000.00 in 2017
  • Cash Flow: $97,000.00
  • Asking Price: $475,000 For the Business and Real Estate (Real Estate is appraised at $300K)
  • Concept: Restaurant/Bar
  • Seating: Capacity of 99 persons

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For more information please contact Todd Smith at (617) 948-3394.

Well-known Indian Restaurant with R.E.

Well-known Indian restaurant on South Shore. Established in 2002. Amazing location with 50k car count daily. Real estate has two-bedroom apartment currently occupied by the restaurants employees. Restaurant is adding delivery service. Location could be "highest and best use" if used for another purpose. Seller Financing Available with 25% down payment!!

  • Location: South Shore
  • State: Massachusetts
  • County: Norfolk
  • Parking: Dedicated lot
  • Condition: VERY_GOOD
  • Lease Terms: If business is purchased, a lease will be negotiated.
  • Rent: $4,500 NNN
  • Size: 2800 sq. ft.
  • Hours: Open daily 11a-11p
  • Licenses: Full Liquor until 1am
  • Sales: Gross sales are $500K annually
  • Cash Flow:
  • Asking Price: $123,500 (For the Business) $805,000 (Business and Real Estate)
  • Concept: Indian Restaurant
  • Seating: 68 seats

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For more information please contact Todd Smith at (617) 948-3394.

Outstanding Restaurant and Bar Just West of Boston

Rare opportunity to buy the Real Estate along with the long established high-volume restaurant and bar in a sought-after area just west of Boston. Family owned and operated for over thirty years, seating for 125 Beautiful Lounge is extremely popular with a great clientele. Sales are in the 1.7M to 1.8M range and continue to grow, as this area has seen an explosion in new residences. Top notch location close to the T and in the center of the business district with lots of luxury housing being developed. This is a no brainer! Perfect for a chef owner operator or expanding your brand into this sought-after area. The valuable real estate makes this no brainer a bankable deal!

  • Location: West of Boston
  • State: Massachusetts
  • County: Middlesex
  • Parking: Street and public lots
  • Condition: GOOD
  • Lease Terms: Real estate is included with the sale
  • Rent: $50,024 annually
  • Size: 3,500 S/F
  • Hours: Open Daily at 11:30am
  • Licenses: Full Liquor and Entertainment Licenses
  • Sales: $1,700,000 per year
  • Cash Flow: $310,000 per year
  • Asking Price: $1,099,000 (For the Business and the Real Estate)
  • Concept: Italian American Restaurant and Bar
  • Seating: 125 seats

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For more information please contact Todd Smith at (617) 948-3394.

Picturesque Tavern with great Cash Flow & Real Estate

Tremendous Opportunity to purchase a very profitable Tavern with valuable and cash flowing Real Estate. This long established Tavern is located in a very fashionable and picturesque town in the Berkshires. Easily the most popular place in the bustling downtown area; it is the perfect place to eat, drink, watch the game and have fun. The Tavern has been completely renovated and is in excellent condition. The business itself is netting more than $350,000 per year and sales have continued to grow over the past seven years in spite of the bad economy.  The Real Estate is valued at $1,300,000 and has gross rental incomes of $12,000 – 14,500 per month. 2 Apartment have been completely renovated, new bathrooms and kitchens. Floor to ceiling overhaul. This is truly a gem that is a must see.

  • Location: Berkshire County
  • State: Massachusetts
  • County: Berkshire
  • Parking: Private lot and on-street parking available
  • Condition: EXCELLENT
  • Lease Terms:
  • Rent: $8,000 per month NNN (Current rent the operator is paying himself, this is well below market)
  • Size: 7,200 s/f
  • Hours: 7:00 AM – 11:00 PM
  • Licenses: Full Liquor & Entertainment licenses 1:00 AM
  • Sales: $1,650,000 per year (46% alcohol)
  • Cash Flow: $450,000 per year for the business alone
  • Asking Price: $1,990,000 for the Business & Real Estate
  • Concept: Tavern & Restaurant
  • Seating: Seating for 90 persons inside and 46 persons outside

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For more information please contact Todd Smith at (617) 948-3394.

Prime Waterfront Restaurant with Real Estate - Providence

Prime Waterfront Restaurant with Real Estate located in Providence.
  • Location: Providence, RI
  • State: Rhode Island
  • County: Providence
  • Parking: Dedicated Private lot & Public lots
  • Condition: GOOD
  • Lease Terms: If the Real Estate is not purchased the LL will negotiate new long-term lease
  • Rent: $240,000 per year NNN
  • Size: 9,000 square feet
  • Hours: Lunch & Dinner
  • Licenses: Full Liquor License
  • Sales: $2,602,000 in 2015
  • Cash Flow: $258,000 in 2015
  • Asking Price: $850,000 (For the Business) – Real Estate Price TBD
  • Concept: Full Service Restaurant & Bar
  • Seating:

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For more information please contact Todd Smith at (617) 948-3394.

Prime Full Service Restaurant, Bar and Banquet Facility

Prime Full Service Restaurant, Bar and Banquet Facility

  • Location: Providence County
  • State: Rhode Island
  • County: Providence
  • Parking: Private parking
  • Condition: GOOD
  • Lease Terms: If the Real Estate is not purchased the landlord would negotiate a new long term lease
  • Rent: $144,000 per year NNN
  • Size: 10,550 square feet
  • Hours: Lunch & Dinner
  • Licenses: Full Liquor License
  • Sales: $1,371,000 in 2015. Expect $2.5MM in sales by 2017-2018.
  • Cash Flow:
  • Asking Price: $650,000 (for the business) - Real Estate price TBD.
  • Concept: Full Service Restaurant & Banquet Facility
  • Seating:

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For more information please contact Todd Smith at (617) 948-3394.

Premier Regional Full Service Restaurant Chain with Functions

Well Established and Recognized Regional Full Service Restaurant Chain with Banquet Facilities. This company, established in 1996, has been a well-known, regional brand concept among consumers with several locations.  With revenue of $7.2MM and cash flow of $745,000 per year, it is a very desirable and bankable acquisition. Asking $2,500,000 (For the Business alone) – Real Estate is also available but owner will lease long-term.

  • Location: Southern New England
  • State: Rhode Island
  • County: None
  • Parking: Dedicated Private lot & Public lots
  • Condition: EXCELLENT
  • Lease Terms: If the Real Estate is not purchased the LL will negotiate new long-term lease
  • Rent: $515,495 per year
  • Size: 3,500 – 25,000 square feet per unit (some serve as function area)
  • Hours: Varies
  • Licenses: Full Liquor & Entertainment
  • Sales: $7,200,000 in 2015
  • Cash Flow: $745,000 in 2015
  • Asking Price: $2,500,000 (For the Business) – Real Estate optional and can be discussed.
  • Concept: Full Service Restaurant & Functions
  • Seating: 150 - 850 seats per unit

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For more information please contact Todd Smith at (617) 948-3394.

Rare Nantucket Restaurant

Prime Restaurant/Bar available for lease in Nantucket. This long established restaurant has a prime location on the famous island. The restaurant was open and operating in the Season and has a complete and operational FF&E package. It is a beautiful facility with a location that cannot be beat. The restaurant has a Full Liquor license and seating for 156 persons. This is a rare Nantucket opportunity.

  • Location: Nantucket
  • State: Massachusetts
  • County: Nantucket
  • Parking: On-street
  • Condition: VERY_GOOD
  • Lease Terms: 7 years
  • Rent: $12,500 per month
  • Size: 3,250 s/f
  • Hours: 11:30 AM - 1:00 AM
  • Licenses: Full Liquor
  • Sales: $1,100,000
  • Cash Flow: Email for details
  • Asking Price: $6,500,000
  • Concept: Restaurant / Bar
  • Seating: 156 Seats

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For more information please contact Todd Smith at (617) 948-3394.