Details - Information last confirmed on November 25, 2020
Listing ID # 32414
Historic East End Bistro w/ 2 Bdrm Apt. Full bar and full liquor license. The likes of Albert Einstein used to dine here back in the day. Today it is a favorite of locals and Summer visitors. Don't let the "Historic" fool you. The owner/operator has painstakingly restored the dining room to its original luster. The kitchen is fully modernized with an exterior (covered and enclosed) walk-in refrigerator and dry storage area. With inside seating for 63, an additional 7 at the bar, and 20 outside, it is perfect for a casual family dining experience. They are open for lunch and dinner Only 6 Days Per Week. In the past year the business grossed approx. $700,000.00 with a Net Income of approx. $185,000.00. The location has 10 years left on the current lease at a rent of $5,303/mth. That Rent Includes A 2 Bedroom Apartment that can be used for the new owner, the staff, or sub-leased for rental income. We are looking for a serious and financially qualified buyer with restaurant experience and at least $449K in liquid funds. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.