23 West Road, Orleans, MA 02653
sale
$1,595,000
|
Other
Courtesy Of The Realty Advisory Inc.
Established fine dining restaurant and bar located in the affluent Orleans, MA market, operating successfully since 1997. This boutique establishment has built a stellar reputation as a local favorite, known for exceptional cuisine and outstanding service over its impressive 29-year run. BUSINESS OVERVIEW: This one-of-a-kind restaurant generates $1,500,000 in annual revenue with a loyal customer base that has sustained the business through nearly three decades of operation. The establishment holds a coveted full-year liquor license, which are limited in Orleans, providing a significant competitive advantage. FACILITY & ASSETS: The 2,864 square foot property features a recently expanded and meticulously maintained interior, complemented by a beautiful outdoor dining area. FF&E valued at $950,000 reflects the quality and condition of restaurant equipment and furnishings. Inventory value of $50,000. Real estate owned by seller with value of $975,000. STAFFING & OPERATIONS: Currently employs 24 team members, demonstrating substantial operational scale. The business benefits from Orleans' year-round tourism with peak season from June through September, ensuring
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Appliance: Water Heater
- Cooling System: Wall Unit(s)
- Exterior Type: Frame
- Floor Covering: Wood
- Floor Covering: Hardwood
- Floors: 1
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 22405820
- Parking Spaces: 40
- Roof Type: Asphalt
- Roof Type: Shingle
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