Italian Restaurant & Lounge with Turnkey Operations
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Asking Price
$325,000
Detailed Information
Seekonk, Massachusetts, US
Not Provided
NA
Business Description
This turnkey Italian restaurant and lounge in the Seekonk area is for sale at $325,000. The business boasts a strong sales volume of $22K to $25K per week and has a lease of $5,200 per month including NNN charges. The establishment features 5,200 sq ft of space, seating for 140, and a beautiful bar for 35 patrons. Operating hours are 7 days a week from 11:30 am to 9 pm. The restaurant is known for its ambiance, great food, and excellent service, making it a popular dining destination. With a well-equipped kitchen capable of handling large functions, the business has potential for growth through increased advertising and promotion of functions, which could boost the bottom line by 40%. The current owners, who are retiring, have managed labor and food costs efficiently, resulting in a yearly net profit of $300,000. The location benefits from ample parking and proximity to hotels. This establishment offers an