Turn Key Restaurant with Real Estate-Under Agreement

untitled23

Rare opportunity to own this well established Italian restaurant and real estate with 4 income producing apartments. The restaurant has been well maintained and all 4 apartments are rented out. This landmark restaurant is well know for its fine Italian food and has a loyal customer base. It offers two bars and ample parking. The property has been well maintained and in turn key condition. A chance of a lifetime to own this business and real estate. The property was appraised for $1,750,000 GREAT DEAL

Sales: $1,700,000
Location: South of Boston
Facility: Restaurant 3,900 sq ft plus basement Buildling 7,685 total sq ft-Loy size .043 acres
Seats: 160
Parking: Plenty
Licenses: Common Victualer, full liquor, lottery
Asking: 2,000,000.000

Catering Company with Real Estate and Income Producing Tenant

catering

The south shore’s premier off-site catering company owns the building, and has an income producing tenant that generates yearly income of $96,000. The catering side offers a large full kitchen, offices and storage for all the equipment. They also own 3 brand new delivery vans.

·         Plymouth Country

·         Average yearly sales $890k 

·         Lot Size: 1.94 Acres

·         Income Tenant 15,038 sq. ft.

·         Catering Building 4,900 sq. ft. Plus storage facility of 1,200 sq. ft.

·         Taxes $28k

·         Asking $2,625,000.00 for business and real estate