Available
Turnkey North Shore Restaurant – $1.3M Sales – Real Estate Available for Purchase
$599.000
Description
Fully Renovated Casual Fine Dining Restaurant | Prime North Shore Location | $200K+ Owner Cash Flow | Property Purchase Opportunity
This is a rare opportunity to acquire a fully renovated, high-end casual fine dining restaurant in a prime North Shore location. The business is fully turnkey, professionally operated, and positioned for immediate cash flow with substantial upside. Additionally, the landlord is open to selling the real estate, creating a unique opportunity for qualified buyers seeking both the business and property.
The restaurant generates approximately $1.3 million in annual gross sales, with a hands-on owner-operator capable of netting $200,000+ annually. Detailed financials will be provided to qualified buyers only.
Why This Listing Stands Out
• Complete Renovation: Over $500,000 invested into a modern, turnkey buildout including interior, exterior, and outdoor patio upgrades. All FF&E is in excellent condition and fully operational.
• Real Estate Opportunity: In addition to the business acquisition, the landlord is open to selling the property, offering long-term control and investment upside for qualified buyers.
• Flexible & Scalable: Currently operates 7 days per week with lunch and dinner service. The space can continue as a successful casual fine dining concept or be converted to another restaurant concept.
• Prime North Shore Location: Excellent visibility with strong traffic patterns, affluent demographics, and a loyal local customer base.
• Seating & Amenities: 88 indoor seats including two private dining rooms, plus a 48-seat outdoor patio.
• Staff & Management: Fully staffed with an experienced manager in place, allowing for a semi-absentee ownership structure or seamless owner-operator transition.
• Long-Term Lease Available: A new favorable 10-year lease is available for buyers who prefer not to purchase the real estate.
Upside & Growth Potential
• Expand catering and private event revenue
• Increase marketing and social media presence
• Add brunch, late-night service, or seasonal promotions
• Grow online ordering and third-party delivery channels
• Leverage private dining rooms for corporate and special events
Asking Price: $599,000
At this asking price, combined with the recent renovation, strong sales volume, turnkey infrastructure, favorable lease terms, and potential real estate acquisition, this opportunity offers exceptional value for experienced operators, restaurant groups, and first-time buyers alike.
The quality of the buildout, operational setup, and location becomes immediately apparent upon touring the restaurant. Serious inquiries only.
Overview
Property ID:
12649
Type:
Retail Restaurants Full Service - Diners - Pizzeria Or Specialty
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